ArmInfo. The State Revenue Committee of Armenia has uncovered tax violations at another property owned by arrested Prosperous Armenia Party leader and businessman Gagik Tsarukyan. This time, the violations relate to the Arinj Mall fair in the Kotayk region.
According to the State Revenue Committee, the agency received intelligence indicating that the company managing the shopping center in the Kotayk region is leasing warehouse space located on the shopping center's premises and failing to report the income received from it in tax returns submitted to the tax inspectorate. According to the same data, in addition to rent for the retail outlets, the shopping center operator also collects additional monthly cash payments that are not documented in accordance with the established procedure and are not included in the tax returns submitted to the tax office.
Agency officials conducted comprehensive and extensive investigative operations, which confirmed the intelligence they had obtained. They examined the shopping center's internal accounting documents and information stored on its computers. Several employees working at the center were simultaneously interrogated, and they provided valuable information. All the information obtained was analyzed and thoroughly reviewed, and then compared with the data included in the corresponding tax returns submitted by the shopping center to the tax office. It was established that the company concealed assets worth approximately 1.3 billion drams. As a result, approximately 492 million drams in taxes were not calculated and paid, causing significant damage to the state.
A report of a crime under the relevant article of the Criminal Code of the Republic of Armenia was sent to the Investigative Committee, where a criminal case was initiated.
During the events held at the company, SRC employees conducted operational monitoring of the ongoing operations of the stores operating in the shopping center. It is worth noting that the stores' total tax turnover during these days increased sharply by approximately 110% compared to the same days in the previous period.
