Armenia’s natural gas operator ArmRosGazprom CJSC paid a total of 12.9 billion Drams in various taxes in the first nine months of the year, more than any other company, the State Revenue Committee said in a report. According to the report, the total amount of taxes paid by Armenia’s largest corporate taxpayers grew by 18% year-on-year to 254.7 billion Drams. But the growth was due to rise in indirect taxes which grew in the reporting period of time by 29% year-on-year to 139.4 billion Drams. The volume of direct taxes slashed by 5.5% to only 52.44 billion Drams. Compared to the first nine months of 2009 the share of direct taxes paid by largest taxpayers slashed from 26% to 21% this year, which amounts to 318.5 billion AMD and that amounts to 70% of tax revenues.
