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Ararat Gold Recovery Company Pays Back 1.5 Billion Drams To State Bu

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  • Ararat Gold Recovery Company Pays Back 1.5 Billion Drams To State Bu

    ARARAT GOLD RECOVERY COMPANY PAYS BACK 1.5 BILLION DRAMS TO STATE BUDGET

    Noyan Tapan
    Jan 25, 2008

    YEREVAN, JANUARY 25, NOYAN TAPAN. Ararat Gold Recovery Company (AGRC)
    has paid back about 1.5 billion drams to the RA state budget, NT
    correspondent was informed by the State Tax Service (STS). It was
    mentioned that this agreement has been reached between the company
    and the STS.

    To recap, in May the tax service specified the execution of mutual
    relations with the state budget and the fulfilment of some tax
    service-supervised legislative requirements by the company, as a result
    of which AGRC was offered to transfer an additionally chargeable sum of
    3 bln 401 mln 35.9 thousand drams (11.1 mln USD) to the state budget.

    From: Emil Lazarian | Ararat NewsPress
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