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OVER THOUSAND OF ARMENIAN ECONOMIC ENTITIES ON LIST OF RISKY COMPANIES WITH 'SHADOW'
YEREVAN, July 4. /ARKA/. More than a thousand of economic entities
have been included in the list of risky companies with 'shadow'
turnover, Armenia's first deputy minister of finance Armen Alaverdyan
told reporters on Thursday.
In mid May Armenia's premier Hovik Abrahamyan set a deadline (by
1st of July) for businessmen and bankers to come out f the 'shadow',
otherwise, the government will use its instruments for solving the
problems it faces.
Some economic entities admitted the violations found and are ready
to make the required changes, but the other part does not agree and
see no shortcomings in their reports, Alaverdyan said.
The deputy minister said they focused on importers and producers in
their inspections and found about 1,200-1,300 companies are willing
to revise their turnover, staffing and pay indicators. Some 600-700
companies oppose the results of the monitoring and the ministry of
finance is going to prove there are violations.
Alaverdyan said the ministry is currently working with both types of
companies. Respective sanctions will be applied to offenders by the
end of this year, he said.
According to Armenia's ombudsman, 'shadow' economy is about 35-40%
in the country. -0--
- See more at:
http://arka.am/en/news/business/over_thousand_of_armenian_economic_entities_on_lis t_of_risky_companies_with_shadow/#sthash.pLv1bB8N.dpuf
From: Baghdasarian
YEREVAN, July 4. /ARKA/. More than a thousand of economic entities
have been included in the list of risky companies with 'shadow'
turnover, Armenia's first deputy minister of finance Armen Alaverdyan
told reporters on Thursday.
In mid May Armenia's premier Hovik Abrahamyan set a deadline (by
1st of July) for businessmen and bankers to come out f the 'shadow',
otherwise, the government will use its instruments for solving the
problems it faces.
Some economic entities admitted the violations found and are ready
to make the required changes, but the other part does not agree and
see no shortcomings in their reports, Alaverdyan said.
The deputy minister said they focused on importers and producers in
their inspections and found about 1,200-1,300 companies are willing
to revise their turnover, staffing and pay indicators. Some 600-700
companies oppose the results of the monitoring and the ministry of
finance is going to prove there are violations.
Alaverdyan said the ministry is currently working with both types of
companies. Respective sanctions will be applied to offenders by the
end of this year, he said.
According to Armenia's ombudsman, 'shadow' economy is about 35-40%
in the country. -0--
- See more at:
http://arka.am/en/news/business/over_thousand_of_armenian_economic_entities_on_lis t_of_risky_companies_with_shadow/#sthash.pLv1bB8N.dpuf
From: Baghdasarian