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Punishment For A Number Of Economic Crimes Revised In RA Criminal Co

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  • Punishment For A Number Of Economic Crimes Revised In RA Criminal Co

    PUNISHMENT FOR A NUMBER OF ECONOMIC CRIMES REVISED IN RA CRIMINAL CODE

    Noyan Tapan
    Jun 16 2006

    YEREVAN, JUNE 16, NOYAN TAPAN. At the June 15 special session,
    the RA National Assembly passed in second reading the draft law on
    amendments and additions to the RA Criminal Code. The draft revises
    punshment for a number of economic crimes. Particularly, punishment
    is envisaged for deliberate tax or state duty evasion or evasion of
    other compulsory payments in large and especially large amounts.

    Unlike the draft passed in first reading on the same day, the final
    version increased the size of large and especially large amounts. In
    the preliminary version, a sum not exceeding 1,000-10,000 minimal
    salaries (1 mln - 10 mln drams) at the time of a crime was considered
    a large amount, while the final vesrion set it at 2,000 - 15,000
    minimal salaries (2-15 mln dram). The preliminary version considered
    a sum exceeding 10,000 minimal salaries as especially large amount,
    the final version stipulates a sum exceeding 15,000 minimal salaries
    (15 mln drams).
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