PRESIDENT AND CHIEF TAXMAN DISCUSS CRACKDOWN ON SHADY AND FRAUDULENT DEALS
Armenpress
Apr 18 2006
YEREVAN, APRIL 18, ARMENPRESS: President Robert Kocharian and chief
of taxation service Felix Tsolakian discussed today the service’s
performance in the first quarter of the year, as well as ways to cut
shadow deals in mining and construction businesses and other tax fraud.
Kocharian’s press office quoted Tsolakian as saying that tax revenues
in the first three months of the year amounted to 43.2 billion
drams, by 8 billion drams more from a year ago. The higher portion of
income and profit taxes in the aggregate volume of taxes was singled
out. Tsolakian said tangible progress was made in collecting mandatory
social payments which made in the reported time 15.3 billion drams,
2,4 billion drams up from a year ago.
Tsolakian said as a follow-up of Kocharian’s instructions concerning
fight against shadow deals in mining and construction sectors tax
revenues from non-ferrous mines rose in the first quarter to 700
million drams from 400 from a year ago.
Tsolakian said also his agency was now drafting the list of those
companies whose paid taxes do not seem to be adequate to their
operation. He also said his agency sent 45 cases on fraudulent
transactions to prosecutors, who opened 19 legal actions.