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 | Kazakh Foreign Minister arrives in Armenia Kazakh Foreign Minister Murat Nurtleu on Monday, March 18 arrived in Armenia for a two-day trip. Aliyev touts “good chances” for normalizing ties with Armenia Azerbaijani President Ilham Aliyev has declared that there are “good chances” for normalizing relations with Armenia. Putin secures fifth term as Russian president Russian President Vladimir Putin has secured a fifth term in office through a dubious national plebiscite. Top Armenian, Indian defense officials discuss cooperation The discussions primarily focused on enhancing cooperation in the defence sector between Armenia and India. |