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90 Mln AMD Penalty Imposed On Mikhail Bagdasarov As A Result Of Tax

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  • 90 Mln AMD Penalty Imposed On Mikhail Bagdasarov As A Result Of Tax

    90 MLN AMD PENALTY IMPOSED ON MIKHAIL BAGDASAROV AS A RESULT OF TAX AUDIT

    2007-12-10 17:52:00

    ArmInfo. In 2007, as a result of tax audits held in the companies of
    Mikhail Bagdasarov, a large entrepreneur in Armenia, tax bodies
    revealed violations worth a total of 90 mln AMD (about $300
    thsd). Bagdasarov said about this at a press-conference, Monday.

    According to him, the tax bodies audited "Armavia" company's activity
    within 9 months and drew up an act worth 75 mln AMD. The entrepreneur
    thinks that the long audit at one enterprise was "unjust", as the
    audit hindered the company's normal operation. Another act worth 15
    mln AMD was drawn up as a result of tax audit of petroleum deliveries
    to the country. Here the audit lasted a month, he said. Audits also
    started at the "Mika Cement" plant but haven't finished yet, he added.

    Asked about his attitude to the tax audits at another large businessman
    Khachatur Sukiasyan's enterprises, Bagdasarov replied: "Our businesses
    don't intercross, therefore, I can say nothing about that".
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