Armenia: Tax collections exceed budget estimates by 1.3% in Q1

Armenia: Tax collections exceed budget estimates by 1.3% in Q1

PanARMENIAN.Net - Armenia's actual receipts from tax revenues into the state budget for the 1st quarter of 2022 amounted to AMD 400.6 billion, the State Revenue Committee reveals.

The government had intended to collect AMD 395.4 billion, which means tax collections exceeded budget estimates by AMD 5.2 billion (more than $10 million) or 1.3% in the reporting period.

Of the amounts collected during Q1 of 2022, 51.3 billion drams were returned to taxpayers.

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