90 MLN AMD PENALTY IMPOSED ON MIKHAIL BAGDASAROV AS A RESULT OF TAX AUDIT

2007-12-10 17:52:00

ArmInfo. In 2007, as a result of tax audits held in the companies of
Mikhail Bagdasarov, a large entrepreneur in Armenia, tax bodies
revealed violations worth a total of 90 mln AMD (about $300
thsd). Bagdasarov said about this at a press-conference, Monday.

According to him, the tax bodies audited "Armavia" company’s activity
within 9 months and drew up an act worth 75 mln AMD. The entrepreneur
thinks that the long audit at one enterprise was "unjust", as the
audit hindered the company’s normal operation. Another act worth 15
mln AMD was drawn up as a result of tax audit of petroleum deliveries
to the country. Here the audit lasted a month, he said. Audits also
started at the "Mika Cement" plant but haven’t finished yet, he added.

Asked about his attitude to the tax audits at another large businessman
Khachatur Sukiasyan’s enterprises, Bagdasarov replied: "Our businesses
don’t intercross, therefore, I can say nothing about that".