Time in Yerevan: 11:07,   1 May 2024

Taxes paid by top 1000 taxpayers have doubled compared to 2018

Taxes paid by top 1000 taxpayers have doubled compared to 2018

YEREVAN, APRIL 26, ARMENPRESS. Recently, the State Revenue Committee (SRC) published information on top 1,000 taxpayers, according to which, in the first quarter of the current year, the amount of tax revenues paid by them to the state budget amounted to more than 381 billion 104 million AMD, which compared to the same period last year, increased by more than 54 billion AMD or by 16.5%.

It is noteworthy that over the past 6 years, the tax revenues paid by top 1,000 taxpayers have recorded dynamic growth, including in the first quarter of 2023, increasing 2.1 times compared to the same period in 2018.

In the first quarter of the current year, 212.1 billion AMD in tax revenues were collected from top 100 taxpayers, which makes 55.7% of the total amount collected from the top 1000 taxpayers, that is, more than half of the taxes paid by top 1000 taxpayers are generated by the top 100 taxpayers.

In 2023, Gazprom Armenia heads the list with 20.9 billion AMD in taxes paid to the state budget. Compared to the same period last year, taxes paid by the company increased by 4.2%. The second largest taxpayer is "Zangezur Copper-Molybdenum Combine" (ZCMC), followed by "Grand Tobacco" with taxes paid to the state budget of 15.5 and 11.7 billion AMD, respectively. It is noteworthy that the volume of tax revenues paid by all organizations included in the top ten large taxpayers has increased, except for ZCMC.

The total amount of taxes paid to the state budget of Armenia in the first quarter of 2023 was 461.4 billion AMD, surpassing the indicator of the same period of 2018 by 190.3 billion AMD or 70.2%. It is noteworthy that the share of taxes paid by 1000 large taxpayers in January-March of this year was 82.6% of the total, compared to 65.5% in 2018.








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