April 23, 2011 - 13:03 AMT
Sale proceeds of Armenia's major taxpayers increase by 11,8% in February 2011

According to the Analysis of Summarized Indices of Major Taxpayers' Monitoring in February 2011 by the Committee of State Revenues, the sale proceeds of Armenia's major taxpayers totaled AMD 173,5 bln in February 2011, increasing by 11,8% as compared with the same period 2010.

Growth was recorded with 241 organizations, securing AMD 35,1 bln increase in sale proceeds. At the same time, a decrease in proceeds of 185 taxpayers was recorded, amounting to AMD 15,1 billion.

During February 2011, tax authorities performed 76 checkups resulting in additional payment of AMD 110 million to the state budget.