Tuesday, June 27 2017 15:26
Naira Badalian

Head of the Tax and Customs Service considers the shadow struggle effective

Head of the Tax and Customs Service considers the shadow struggle  effective

ArmInfo. The chairman of the State  Revenue Committee of Armenia considers the struggle with the shadow  in the republic id  effective. This opinion was expressed to  journalists by Vardan Harutyunya on June 27 in the National Assembly  of Armenia.

According to him, the sustainable growth of tax revenues in the state  treasury over the last 8-9 months of the government's activity states  the successful and consistent struggle against the shadow turnover in  the country's economy. "It is impossible to eliminate the shadow  turnover by 100% in any country, but it is necessary to conduct a  consistent struggle, which we are doing," said Harutyunyan. At the  same time, he refrained from voicing specific companies and  indicators for today, referring to the tax secret and the fact that  some people realized their mistake and managed to improve.

In addition, Vardan Harutyunyan does not agree with the fact that tax  inspections in a number of companies remain props. "We conduct  inspections according to the law, and for us it does not matter who  owns what business and what," he assured, calling not to look for  politics and not to be fixed on specific names. "If necessary,  inspections will be carried out, and not only at this enterprise, but  on any one that causes suspicions," Harutyunyan said, adding that if  there is a corresponding signal from the public, the KGD is ready to  carry out inspections and identify violations.

As ArmInfo has  reported earlier, for the Q1 2017 Armenia registered  unprecedented level of tax  levies- 255 bln AMD instead of planned  242 bln and managed to decrease  significantly shadow economy extents  from 48.8% to 33.2%, Vardan  Harutyunyan, Armenian State Revenue  Committee Head stated to the journalists  summarizing the results of  the department's activity for  the recent 7 months.  According to  him, Armenian State Revenue Committee during the recent  7 months  initiated the reforms directed to the business community,  the part  of which is being implemented already. During the pointed period  consistent growth of tax incomes has been registered. From Oct  2016  to April 2017 the Committee provided 653.8 bln tax levies. The growth  compared to the same period of 2016 totaled 46.1 bln AMD or 7.6%.  500.3 bln AMD provided tax entities, and 153.5-bln custom services.  Tax incomes' growth totaled 43.1 bln AMD or 9.4%, customs office 3bln  AMD or 1.9%. "In April of 2017 the taxmen provided unprecedented  index by tax levies of Armenian history-107.357 bln AMD, under  scheduled 100 bln AMD", Harutyunyan stated.

POST A COMMENT
Input digits     


News
Fitch Ratings revises Armenia`s outlook to positive; affirms at  `BB-`; forecasts GDP of above 5.0% in 2026-2027Fitch Ratings revises Armenia`s outlook to positive; affirms at  `BB-`; forecasts GDP of above 5.0% in 2026-2027
Fitch Ratings upgrades Armenia`s rating outlook from Stable to  Positive - RA premier Fitch Ratings upgrades Armenia`s rating outlook from Stable to  Positive - RA premier 
During the week of January 12-16, 2026, Armenia`s interbank foreign  exchange market experienced a rise in  dollar and ruble transactions During the week of January 12-16, 2026, Armenia`s interbank foreign  exchange market experienced a rise in  dollar and ruble transactions 
AraratBank Partners as General Sponsor of 4090 Charity Foundation`s Five-Year Milestone EventAraratBank Partners as General Sponsor of 4090 Charity Foundation`s Five-Year Milestone Event
 National standards  developed and approved  in tourism sector National standards  developed and approved  in tourism sector
 RA SRC  identified cases of counterfeit vodka and tobacco products RA SRC  identified cases of counterfeit vodka and tobacco products
The President of Belarus signed a decree on crypto banks in the countryThe President of Belarus signed a decree on crypto banks in the country
US banks returned a record $140 million to shareholdersUS banks returned a record $140 million to shareholders
Banks have no right to refuse to open accounts under Social Package  program - CBBanks have no right to refuse to open accounts under Social Package  program - CB
While second person lives below poverty line, Armenia`s leaders  receive bonuses reaching millions While second person lives below poverty line, Armenia`s leaders  receive bonuses reaching millions 
TRIPP is turning Armenia into hub for American economic interests in  South Caucasus region - expertTRIPP is turning Armenia into hub for American economic interests in  South Caucasus region - expert
Armenian-Turkmen  business forum takes place in YerevanArmenian-Turkmen  business forum takes place in Yerevan
RA  Ministry of Territorial Administration: Armenia, Azerbaijan   conduct joint inspection of  Yeraskh- Sadarak railway sectionRA  Ministry of Territorial Administration: Armenia, Azerbaijan   conduct joint inspection of  Yeraskh- Sadarak railway section
Armenia adjusting greenhouse subsidies  to attract young  entrepreneurs and individuals over 63 years  to the sectorArmenia adjusting greenhouse subsidies  to attract young  entrepreneurs and individuals over 63 years  to the sector
"Wings of Unity": Armenia needs an economy focused on production and  exports
Pashinyan assures there will be no increase in liquefied gas prices  Pashinyan assures there will be no increase in liquefied gas prices 
Armenian premier on reasons for premiums to government officialsArmenian premier on reasons for premiums to government officials
RA Central Bank identifies 72 unlicensed organizations offering  various financial servicesRA Central Bank identifies 72 unlicensed organizations offering  various financial services
Armenia presents solar energy management solutions at international  exhibition Abu Dhabi Sustainability Week (ADSW 2026)Armenia presents solar energy management solutions at international  exhibition Abu Dhabi Sustainability Week (ADSW 2026)
Regional Director of the U.S. Trade and Development Agency holding  talks in Yerevan Regional Director of the U.S. Trade and Development Agency holding  talks in Yerevan 
IBRC: Armenian businesses to gain access to export invoice insuranceIBRC: Armenian businesses to gain access to export invoice insurance
RA Economy Minister: Armenia ranks 37th out of 101 countries in WB  rankingRA Economy Minister: Armenia ranks 37th out of 101 countries in WB  ranking
The situation around Iran is pushing oil prices higherThe situation around Iran is pushing oil prices higher
Unforgettable Moments and a Profitable Offer at Myler. Idram&IDBankUnforgettable Moments and a Profitable Offer at Myler. Idram&IDBank
Net flow of foreign investment into Armenian economy dropped to  negative $221 million by October 2025, but FDI saw significant gainsNet flow of foreign investment into Armenian economy dropped to  negative $221 million by October 2025, but FDI saw significant gains
Economy Ministry`s priority programs to be aligned with peace agenda  - Gevorg PapoyanEconomy Ministry`s priority programs to be aligned with peace agenda  - Gevorg Papoyan
WB on major risks for ECA WB on major risks for ECA 
Armenia to remain EAEU member as long as it is compatible with its  desire to join EU - RA premier Armenia to remain EAEU member as long as it is compatible with its  desire to join EU - RA premier 
Issue of competitive procedures in implementation of various programs  priority for the Armenian government - Deputy MinisterIssue of competitive procedures in implementation of various programs  priority for the Armenian government - Deputy Minister
The global economy will grow by 2.6% in 2026, according to the World Bank forecastThe global economy will grow by 2.6% in 2026, according to the World Bank forecast
AraratBank Takes the Lead in Brand PR PerformanceAraratBank Takes the Lead in Brand PR Performance
Armenia plans to establish rules for calculating and paying VAT in  transactions involving supply of goods to individuals through EAEU  electronic platformsArmenia plans to establish rules for calculating and paying VAT in  transactions involving supply of goods to individuals through EAEU  electronic platforms
Armenian premier on planned construction of bridges across  Armenian-Azerbaijani border Armenian premier on planned construction of bridges across  Armenian-Azerbaijani border 
Programs co-financed by RA budget not to be subject to income taxPrograms co-financed by RA budget not to be subject to income tax
More Armenian airlines to get air tax benefit More Armenian airlines to get air tax benefit 
Cadastre Committee`s service centers to be replaced by advisory  centers - billCadastre Committee`s service centers to be replaced by advisory  centers - bill
Minister on Armenian authorities` final decision on construction of  nuclear power plant with several small modular reactorsMinister on Armenian authorities` final decision on construction of  nuclear power plant with several small modular reactors
Armenia, Iraq discuss  energy cooperation Armenia, Iraq discuss  energy cooperation 
World Bank forecasts moderate slowdown for Armenia`s economy through  2027World Bank forecasts moderate slowdown for Armenia`s economy through  2027
Unemployment rate in Armenia drops to 11.8% in Q32025Unemployment rate in Armenia drops to 11.8% in Q32025
Russia`s International Reserves Reach a Record $763.9 BillionRussia`s International Reserves Reach a Record $763.9 Billion
Idram Summarizes 2025Idram Summarizes 2025
The global economy will grow by 2.7% in 2026The global economy will grow by 2.7% in 2026
Armenia`s High-Tech Sector Development Strategic Plan  to be approved  in 2026Armenia`s High-Tech Sector Development Strategic Plan  to be approved  in 2026
PM Pashinyan: Azerbaijani fuel imports breaking monopolies and  lowering pricesPM Pashinyan: Azerbaijani fuel imports breaking monopolies and  lowering prices
 RA Economy Minister  hopeful for  new economic and logistical  opportunities with potential opening of borders with Turkey RA Economy Minister  hopeful for  new economic and logistical  opportunities with potential opening of borders with Turkey
The Power of One Dram Donates 5,788,105 AMD to the City of Smile Charity FoundationThe Power of One Dram Donates 5,788,105 AMD to the City of Smile Charity Foundation
Armenia`s trade turnover hits 6 trillion drams in 11 monthsArmenia`s trade turnover hits 6 trillion drams in 11 months
Union of Banks of Armenia, EFPA Europe launch Branch Manager  qualification programUnion of Banks of Armenia, EFPA Europe launch Branch Manager  qualification program
Armenia`s telecommunications revenue growth deceleratingArmenia`s telecommunications revenue growth decelerating
 Cargo transportation in Armenia increased by 2.5% in the first 11  months of 2025, while passenger transportation decreased by 2.3% Cargo transportation in Armenia increased by 2.5% in the first 11  months of 2025, while passenger transportation decreased by 2.3%
Romanos Petrosyan: ENA CJSC paid approximately 63.7% more in taxes  and feesRomanos Petrosyan: ENA CJSC paid approximately 63.7% more in taxes  and fees
 Papikyan: Armenia to allocate 150 billion drams for defense industry  development Papikyan: Armenia to allocate 150 billion drams for defense industry  development
Trump Imposes a Credit Card Interest CapTrump Imposes a Credit Card Interest Cap
Cognac and wine production in Armenia  significantly decreased by  December 2025Cognac and wine production in Armenia  significantly decreased by  December 2025
Trump imposes 25% tariffs on countries cooperating with IranTrump imposes 25% tariffs on countries cooperating with Iran
EEC Board sets import customs duty rate on natural calcium phosphatesEEC Board sets import customs duty rate on natural calcium phosphates
Armenia`s industry hardly retains growth by Dec 2025 Armenia`s industry hardly retains growth by Dec 2025 
Armenia`s metallurgical industry shows declineArmenia`s metallurgical industry shows decline
Electric energy output 6.5% up in Armenia in Jan-Nov 2025 as compared  with Jan-Nov 2024Electric energy output 6.5% up in Armenia in Jan-Nov 2025 as compared  with Jan-Nov 2024
Read more
Exchange rates
16.01.2026
RUB4.880.05
USD379.990.57
EUR441.32-0.14
GBP509.410.23
CAD273.530.59
JPY24.030.09
CNY54.520.06
CHF474.040.06