During October 1-10 the Ministry of Finance continued carrying out tax control activities in the areas of misdeclarations of turnovers and prices, discovering unregistered employees, etc, with respect to taxpayers, who hadn’t accepted the requirement to improve tax discipline indicators or who presented unjustified explanations. A total of 17 audits of relations with the budget completed in the accounting ten days resulted in assessing 186.7M drams of additional tax liabilities.
For the purpose of auditing turnovers, prices and inventory, measurements were carried out with respect to 40 taxpayers, control purchases with respect to 23 taxpayers and 16 audits in the area of non-registration of employees in the manner prescribed by law. As a result of tax control aimed at discovering facts of assisting the non-performance of tax liabilities of other taxpayers in the area of undocumented transactions, a preliminary assessment of additional tax liabilities amounting to 18.7M drams was made with respect to 4 taxpayers in the second ten days of October and the materials were sent to Violations Detection and Administrative Proceedings Implementation Department. These companies have already presented corrected calculations.
Parallel to the tax control activities, operational investigation activity is also being carried out with respect to taxpayers who have not accepted the tax body’s requirement to voluntarily improve indicators. Particularly, during the 2nd ten days of October, 15 such activities were carried out in terms of control over tax invoicing, 6 audits of relations with the budget, whereas activities with respect to 96 taxpayers are in process. The operational investigation activities completed in the ten days resulted in setting forth a total of 7.7M drams of penalties to 19 taxpayers.
In the case of 100 relatively large and target importing and producing taxpayers under continuous monitoring there was a 166% (or 33 303) growth in the number of tax invoices issued by suppliers in the period during October 10-20 as compared with the same period of last year and the reflected turnover amount growth composed 7% or 177.0M drams. In the case of these taxpayers the number of tax invoices issued by suppliers in the period during October 10-20 fell by 3452 or 4% compared with the same period of last month but the reflected turnover amount grew by 61.2M drams or 1.1%.
Within the framework of activities carried out in the area of shadow turnover reduction the Ministry of Finance found out by conducting monitoring over electronic tax invoice movement that during the period from October 1-10 4561 electronic tax invoices with a total amount of 2.6B drams (VAT included) were cancelled or voided by business units throughout the territory of RA for various reasons. Below is the list of taxpayers who cancelled or voided electronic tax invoices of over 10.0M drams during the first 10 days of October. The analytical operations carried out by the subdivisions of the RA Ministry of Finance allowed to reveal that in 20 cases on the list amounting to 670.2M drams, corrected tax invoiced were issued after cancellation or voidance.
Details can be found in the official website of the RA Tax Service.
