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Level Of Collection Of Taxes And Other Mandatory Payments To State B

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  • Level Of Collection Of Taxes And Other Mandatory Payments To State B

    LEVEL OF COLLECTION OF TAXES AND OTHER MANDATORY PAYMENTS TO STATE BUDGET REDUCES DOWN TO 60.1% IN ARMENIA IN JANUARY 2009

    ARKA
    March 23, 2009

    YEREVAN, March 23. /ARKA/. The level of collection of taxes and other
    mandatory payments to the state budget reduced down to 60.1% in Armenia
    in January 2009 against January 2008, says the analysis of summarized
    indicators in the monitoring of major taxpayers for January 2009
    posted on the official website of Armenian State Revenues Committee.

    According to the information, the reduction is recorded due to direct
    dependence of this level on the sales, exports and imports that have
    also fallen over the period under review.

    Three organizations - K-Telecom (VivaCell-MTS brand), ArmRosgasprom
    closed joint stock company and ArmenTel - transferred to the budget
    a total of 3.4bln Drams, which is a reduction of 84.2% as compared
    with the same period of last year.

    Armenian State Revenues Committee developed and analyzed the summarized
    indicators of monitoring of tax payments by major taxpayers in January
    2009, guided by the tax administering strategy of the Republic of
    Armenia for 2008-2011 to ensure transparent, uniform tax conditions
    for major business to improve tax and customs administering.

    Monitoring was carried out among 325 major taxpayers in Armenia at
    the end of January 2009.($1=372.02Drams).
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