ArmInfo.The State Revenue Committee (SRC) of Armenia convicted the construction companies "Eranav" and "Khach 9" in tax evasion on a particularly large scale.
According to the information of the Tax and Customs Committee, "Eranav" CJSC and "Khach 9", engaged in the construction of apartment buildings in the administrative district of Davidashen, in 2015-2018 in the contracts for the sale of apartments indicated undervalued. As a result of this, the reports submitted to the tax did not reflect the real turnover on the sale of companies, as a result of which the state was damaged in especially large amounts - more than 350 million drams.
"On this fact, a criminal case was initiated on the grounds of part 2, article 205 of the Criminal Code of Armenia (evasion of taxes, duties, or other obligatory payments) in the Investigation Department of the RA SRC," the message says. The SRC investigators were also able to identify the real value of the real estate sold.
When comparing sufficient evidence, as reported by the SRC, charges were brought against the management team of "Eranav" and "Khach 9", and in order to illegally avoid their pressure on witnesses in the case and possible falsification of documents, they were arrested.
It is noted that the heads of the companies recognized the fact of tax evasion, voluntarily submitted to the tax authority a revised tax return, which resulted in additional tax liabilities in the amount of over 425 million drams, of which 335 million drams have already been restored to the state treasury. "Taking into account this fact, as well as if there are sufficient guarantees regarding the fulfillment of the entire volume of liabilities, the preventive measure for company managers has been changed. Restrictions on bank accounts of the above-mentioned persons have also been eliminated," the RA SRC statement reads.