Cases opened in Armenia against insurance companies dodging taxes

YEREVAN, July 23. /ARKA/. The State Revenue Committee of Armenia has opened criminal cases against a number of insurance companies over tax, duties and other mandatory payments evasion by providing false data, the press office of the Committee reports.

It has become known in the course of the preliminary investigation launched into the case that the insurance companies used to receive from individual entrepreneurs insurance mediator services and issued accounting documents, while in fact there were neither mediators nor services.

Some of the wrongdoer insurance companies admitted the fact of the offences committed by them. They corrected their accounting reports and fulfilled their tax obligations transferring the skim money, around AMD 218,483,000 to the government budget.

Criminal cases against others are kept opened. ($1 – AMD 476.18). -0—

spot_img

POPULAR

Armenia’s public debt to remain below 50% of GDP in the medium term – Finance Ministry

Armenia’s public debt will remain below 50% of GDP in the medium term, stated the Republic’s Minister of Finance, Vahe Hovhannisyan.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%

The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.

Donate Blood, Save Lives: Idram&IDBank

To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center.       

US dollar and ruble exchange rates against the Armenian dram rose, while the euro rate fell – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market rose by 0.18 points on October 7 compared to October 6, reaching 362.32 drams.

LATEST NEWS

spot_imgspot_imgspot_img