Minasian Relies On Press

MINASIAN RELIES ON PRESS

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[07:39 pm] 17 December, 2007

Gagik Minassian, the Chairman of the NA Standing Committee on
Financial-Credit and Budgetary Affairs, learnt about arrests and tax
audits conducted at enterprises belonging to Armenian MP Khachatur
Sukiassian from the press.

Reminder: audits began after Khachatur Sukiassian voiced support for
Armenia’s former President Levon Ter-Petrossian.

Mr. Minassian notes that the audits are carried out in compliance
with the tax legislation.

"No other demand has been presented to the Sukiassians. Audits
cover all economic entities. They are obligatory and aim to check
the activities and tax commitments of economic entities. Otherwise no
entrepreneur would have 25-percent growth. Obviously, small enterprises
can hardly bring such great incomes," Minassian says.

Gagik Minassian rules out that the audits have political grounds.

Next year Armenia’s gross domestic product (GDP) will rise by 10 %
and tax rights by 28, 2%. The remaining 18, 2 % will be accumulated
from the shadow field. We have no other way out.