AMD 17.2bln shadow turnover exposed in three months

ArmInfo. 

The State Revenue  Committee of Armenia has revealed a shadow turnover of about 17.2  billion drams, and the amount of hidden tax was about 4.4 billion  drams, of which 800 million drams have already been restored to the  state budget of the country. This was reported by the press service  of the department. 

The source notes that in July-September 2024, 97 operational  investigative measures were carried out using modern information  technologies to identify cases of tax evasion. In particular, the  measures taken concerned business entities engaged in trade in  construction materials, food products, fruits and vegetables,  clothing, furniture, household goods, household appliances,  cosmetics, diesel fuel, as well as catering and hotel services.

As part of the measures taken, shadow turnover in the amount of about  17.2 billion drams was identified, and the amount of hidden tax was  about 4.4 billion drams, 800 million of which have already been  restored to the state budget of the country.

If there were appropriate grounds, criminal cases were initiated by  the Investigative Committee. "Currently, measures are being taken to  clarify the final amount of damage caused to the state and compensate  it in the state budget," the State Revenue Committee emphasized in a  statement.