Armenian IT firms' direct taxes top those of major supermarket chainsSeptember 19, 2017 - 17:44 AMT PanARMENIAN.Net - It turns out that Armenia-based IT companies pay more taxes than major supermarket chains that have multiple stores in Yerevan. According to PanARMENIAN.Net 's own calculations, the biggest 10 firms in the information technologies sector have paid direct taxes worth AMD 3.4 billion in 2016. Major supermarket chains, on the contrary, have paid by AMD1.1 billion less in the reporting period. The list of 1000 major Armenian taxpayers, released by the tax service, includes Synopsys, Mentor Graphics, Oracle, Softline International, PicsArt, CQG, Monitis and a number of other companies. Synopsys, by the way, is the biggest company in terms of direct tax payments. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |