Armenian Mining Giants Paid Less Tax This Year: Newspaper

04.30.2014 13:04 epress.am

The four “giants” in Armenia’s mining industry ‘ Zangezur Copper
Molybdenum Combine, GeoProMining, Agarak Copper Molybdenum Combine,
and Deno Gold Mining Company ‘ in the first quarter of 2014 together
paid a total of 6 billion 595 million AMD in taxes.

Local daily Haykakan Zhamanak reports that compared to last year,
these four companies paid 800 million AMD, or about 10%, less in taxes
this year. And this, when the amount of taxes collected from the top
one thousand taxpayers in the country increased by about 5.5% this
year compared to last year.

From: Emil Lazarian | Ararat NewsPress

http://www.epress.am/en/2014/04/30/armenian-mining-giants-paid-less-tax-this-year-newspaper.html

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS