IN 2006 RA STATE TAX SERVICE COLLECTS REVENUES OF 220<br /> BILLION 683 MILLION DRAMS<br />


IN 2006 RA STATE TAX SERVICE COLLECTS REVENUES OF 220
BILLION 683 MILLION DRAMS

  • 25-01-2007 18:20:00   | Armenia  |  Economy
YEREVAN, JANUARY 25, NOYAN TAPAN. In 2006, the State Tax Service adjunct to the Armenian government collected revenues of 220 bln 683 mln drams (about 604 mln USD) against the programmed 220 bln 417 mln drams, with the overfulfilment making 266 mln drams. The actual growth on 2005 made about 47 bln drams (or 27%). According to the report submitted to the RA prime minister, in recent years the growth of tax revenues has been stable and proportional. By the report, there was a positive change in the structure of collected taxes, in particular, the share of direct taxes (profit tax, income tax) increased thanks to the economic growth without a change in tax rates, improvement of tax administration and taxation of shadow turnover. Besides, in 2006 the tax service continued to kkep in the center of its attention the risky sectors - construction, mining industry, transport, trade, gas sectors. In 2006, 1,021 rulings were made based on confiscation suits brought to court by the tax service, with 903 of them being satisfied.
  -   Economy