State Revenue Committee of Armenia prosecutes construction company  for tax evasion

ArmInfo.The State Revenue Committee of Armenia (SRC) brought criminal responsibility to the  developer carrying out construction activities in the Arabkir administrative district of Yerevan, for evading particularly large amounts of taxes.

According to information from the Tax and Customs Committee, company  managers understated the prices of apartments sold in contracts for  the sale and purchase of apartments, thereby creating conditions for  concealing taxable items in calculations that form the basis of  taxation.

After the "control purchase" and the transfer of cash, the director  of the company and the person involved in the transaction were  detained and taken to the Main Department for Economic Crimes and  Smuggling of the Investigative Committee of the Republic of Armenia.