Growth in almost all types of taxes recorded in Armenia in
January-November 2008
14-01-2009 11:00:00 | Armenia | Economy
YEREVAN, JANUARY 14, NOYAN TAPAN. The tax revenues of the
RA state budget amounted to 553.1 bln drams (about 1 bln 808.7
mln USD) in January-November 2008, with the annual program being
implemented by 90.6%. Tax revenues grew by 22.2% or 100.6 bln
drams as compared with the same period of 2007. A growth was
recorded in almost all the types of taxes, except for simplified
tax revenues.
According to the press service of the RA ministry of
finance, the VAT revenues made 297.4 bln drams in
January-November 2008, which made up 53.8% of tax revenues.
193.3 bln drams of the indicated sum was received from taxation
at the border of the RA, and 104.1 bln drams was received from
taxation of the domestic turnover of goods and services. VAT
revenues grew by 24.6% or 58.6 bln drams on the same period of
2007. There was a growth of revenues from both imports and
domestic turnover.
Excise tax revenues amounted to 42.6 bln drams in
January-November 2008, which made up 7.7% of tax revenues: in
particular, over 31 bln drams of the indicated sum was received
from taxation of imported goods, including 15.2 bln drams - from
taxation of imported gasoline and diesel fuel, and 11.5 bln
drams - from taxation of imported cigarettes. State budgetary
revenues from taxation of ecxisable goods made in Armenia
amounted to 11.6 bln drams, including 5.5 bln drams from
domestically produced cigarettes. Excise tax revenues grew by
13.4% or 5 bln drams as compared on the same period of 2007,
which was mainly conditioned by a growth of revenues from
taxation of imported gasoline and cigarettes, as well as
domestically produced cigarettes. There was also a growth of
excise tax revenues from some types of imported and domestically
produced alcoholic drinks.