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—

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