25.Jan .2021 22:30

Business Sectors Paying The Most Taxes In Armenia

Business Sectors Paying The Most Taxes In Armenia
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The State Revenue Committee of Armenia has published the list of 1000 major taxpayers of 2020 and the total amount of taxes paid by them to the state budget.
 
The list is topped by Grand Tobacco which paid US$ 97,737,504.13 (50, 671, 032, 000 drams) in taxes in 2020, Armenpress reports. 
 
The second one is Gazprom Armenia with a total of US$ 87,857,051.30 (45, 548, 610, 000 drams) paid in taxes. The company is followed by Zangezur Copper and Molybdenum Combine which paid US$ 80,412,932.46 (41 689 281 000 drams).
 
The next is Geopromining Gold – US$ 44,401,920.83 (23 019 732 000 drams), followed by International Masis Tabak – US$ 36,251,866.88 (18 794 418 000 drams).
 
The top 10 list of the taxpayer companies also includes CPS Oil, Flash, Philip Morris Armenia, GTL Armenia, and MTS Armenia.
 
Over US$ 1.9 B (987 637 000 000 drams) in taxes were paid by the 1000 major taxpayers in 2020.