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Armenian President Proposes Introducing Additional Mechanisms OfCont

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  • Armenian President Proposes Introducing Additional Mechanisms OfCont

    ARMENIAN PRESIDENT PROPOSES INTRODUCING ADDITIONAL MECHANISMS OF CONTROL OVER ECONOMIC ENTITIES WITH BIG LIABILITIES

    Noyan Tapan
    Mar 15 2006

    YEREVAN, MARCH 15, NOYAN TAPAN. Issues related to the activities of the
    service ensuring the mandatory execution of court acts were discussed
    at the March 15 working consultation conducted by the RA President
    Robert Kocharian. According to the RA President's press service,
    the RA Justice Minister, the RA Minister of Finance and Economy,
    heads of the tax and customs bodies, the RA Prosecutor General and the
    Chairman of the RA Cassation Court participated in the consultation.

    The consultation participants spoke about the shortcomings and abuses
    committed by economic entities in fulfilling their tax and customs
    liabilities. It was noted that these shortcomings and abuses result
    in improper fulfilement of liabilties towards the state.

    R. Kocharian instructed the heads of the appropriate structures to
    find solutions for making amendments to the current legislation and
    using additional mechanisms of control over economic entities with
    big liabilities. He said that the steps to be taken should first of
    all be aimed at the fight against shadow economy and prevention of
    illegal economic activity.
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