Lydian Armenia Withdraws from Top Taxpayers List

Lydian Armenia has retreated from the list of the top thousand taxpayers. If in the first quarter of 2018, the company was ranked 16th among large taxpayers, this year it has dropped to 250th position, simultaneously reducing the taxes paid to the state budget, reports ArmLur.am.

It is possible that in the second or third quarter, this company will exit the list of large taxpayers altogether. According to the newspaper ‘Zhoghovurd’, the company made tax payments totaling 156 million 954 thousand drams in the first quarter of this year.

In contrast, in the same period last year, Lydian Armenia paid 1 billion 679 million drams. Thus, over the course of a year, the company has reduced its taxes and fees by more than 1 billion 522 million drams.

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