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Zangezur Copper Molybdenum Combine, Grand Tobacco and Gazprom Armenia named top taxpaying companies

October 30,2019 15:35

ARMENPRESS. The State Revenue Committee of Armenia has published the list of the top 1000 major taxpaying companies in the country as of January-September 2019.

The Zangezur Copper Molybdenum Combine tops the list with 40 billion 594 million 254 thousand drams in taxes paid during the reporting period.

The second largest taxpayer is Grand Tobacco, having paid 40 billion 277 million 32 thousand drams in taxes.

Gazprom Armenia is third with 33 billion 623 million 700 thousand drams.

International Masis Tabak (13 billion 362 million 59 thousand drams), GeoProMining Gold (12 billion 523 million 893 thousand drams) come next in the list.

Flash is the 6th top taxpayer with 10 billion 750 million 288 thousand drams in taxes paid during the period of time.

Electric Networks of Armenia is 7th with 10 billion 537 million 670 thousand drams in taxes.

Philip Morris Armenia, JTA Armenia and CPS Oil conclude the top 10 with 9 billion 701 million 380 thousand drams, 9 billion 263 million 736 thousand drams and 9 billion 103 million 801 thousand drams in taxes respectively.

Edited and translated by Stepan Kocharyan

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