ArmInfo. The State Revenue Committee (SRC) of Armenia has uncovered a case of tax evasion involving a construction materials company that underreported its actual turnover to avoid paying significant amount of taxes.
According to the source, operational data was received that a company located on Rubinyants Street in Yerevan, which trades in construction materials, does not provide cash receipts when selling products and does not issue corresponding tax invoices, leading to significant tax evasion.
As a result of complex and large-scale operational and investigative measures, the operational data was confirmed. The actual data shows that for 2022-2024 the company concealed a sales turnover of approximately 490 million drams (AMD). According to preliminary estimates, the damage caused to the state amounted to about 155 million AMD.
