Armenian banks paid 34.4 billion drams in taxes in 2016

01.02.2017 17:13
Armenian banks paid 34.4 billion drams in taxes in 2016

YEREVAN, February 1. /ARKA/. All 17 Armenia-based commercial banks were among the 1000 largest corporate taxpayers in 2016 having paid about 34.4 billion drams in various taxes, the State Revenue Committee said today.

The amount was down from 41.2 billion drams the banks paid in taxes in 2015.
According to official data, some 34.3 billion drams were collected by tax authorities and about 74.5 million drams by the customs authorities.

Of the 34.4 billion drams some 30.3 billion drams were collected as direct taxes (income tax and personal income tax); indirect taxes, including excise taxes, stood at about 2.14 billion drams. Also 1.93 billion drams were paid as other taxes, duties and obligatory payments.

The top five banks by size of paid taxes were Ameriabank - 4.03 billion drams (25th place in the list of 1000 largest corporate taxpayers), VTB Bank (Armenia) -. about 3.42 billion drams (29th place), ACBA-CREDIT AGRICOLE BANK -. 3.36 billion drams, (31st place), Ardshinbank - 3.07 billion drams (39th place) and Inecobank - 2.79 billion drams (43rd place).

The list of the 100 largest taxpayers included also Armbusinessbank - 2.71 billion drams, Unibank - 2.61 billion drams, HSBC Bank Armenia -. 1.79 billion drams, Conversebank - 1.63 billion drams, Anelik Bank- 1.54 billion drams and Armeconombank -. 1.51 billion drams.

Overall, the 1000 largest corporate taxpayers paid more than 716.9 billion drams in various taxes in 2016, an increase of 2.8% from 2015. ($ 1 - 486.5 drams). - 0-


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