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Will be sentenced for not paying taxes

Economy
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Chair of the NA standing committee on economic affairs Vardan Ayvazyan is rest assured that Armenia has economic growth and that the economy will continue to grow in 2012.

The Ministry of Finance has planned the inventory of 910 billion drams worth of income in 2012, of which 732 will be income taxes.

On December 1, the State Taxation Service will release the list of organizations that are subject to inspection. Whereas Head of the State Revenue Committee Gagik Khachatryan had been announcing that it wouldn't be possible to collect the 101 billion drams worth of taxes to include in the state budget, Deputy Head of State Taxation Service Armen Alaverdyan today announced that he had found other directions.

"The main factors are the economic growth, legislative amendments, the administrative factors and the government's sources of funding that will include revenues," Deputy Head of the State Taxation Service Armen Alaverdyan revealed. He also touched upon the recent tax inspections at the Electronic Networks of Armenia.

"We are currently discussing the issues that the taxation service has raised. There is lack of agreement, and those discussions will be held by listening to the complaints. If the disputes aren't solved through discussions, they will be solved in court," the deputy head of the State Taxation Service threatened.