PUNISHMENT FOR A NUMBER OF ECONOMIC CRIMES REVISED IN RA CRIMINAL CODE

Noyan Tapan
Jun 16 2006

YEREVAN, JUNE 16, NOYAN TAPAN. At the June 15 special session,
the RA National Assembly passed in second reading the draft law on
amendments and additions to the RA Criminal Code. The draft revises
punshment for a number of economic crimes. Particularly, punishment
is envisaged for deliberate tax or state duty evasion or evasion of
other compulsory payments in large and especially large amounts.

Unlike the draft passed in first reading on the same day, the final
version increased the size of large and especially large amounts. In
the preliminary version, a sum not exceeding 1,000-10,000 minimal
salaries (1 mln – 10 mln drams) at the time of a crime was considered
a large amount, while the final vesrion set it at 2,000 – 15,000
minimal salaries (2-15 mln dram). The preliminary version considered
a sum exceeding 10,000 minimal salaries as especially large amount,
the final version stipulates a sum exceeding 15,000 minimal salaries
(15 mln drams).