The State Revenue Committee has been able to provide high tax revenues from large and medium-sized businesses meanwhile decreasing overpayments. Large and medium-sized businesses have provided more than 483 billion drams of tax revenues to the state budget within 11 months of 2017. If we take into consideration that overpayments of taxpayers registered in the Tax Inspectorate for large and medium-sized taxpayers have dropped by 4.7 billion drams during 11 months of 2017, then the rise of tax revenues in 2017 makes more than 61 billion drams or 13, 8%

"This is the result of economic activation, production and export speeds and new tax administration," says Armen Safaryan, head of the Tax Inspectorate for Large and Medium Taxpayers.

Only in the field of metal mining tax revenues increased by 43%. Growth is also noticeable in tobacco production, banking, fuel import and sale, building materials production, supermarkets, and services, overall in 55 sectors.

"After the sectoral and individual analysis of large and medium-sized businesses, taxpayers were divided into non-risky and risky groups. Tax Inspectorate for Large and Medium Taxpayers inspected and investigated Exceptionally Risky Taxpayers, "explains Armen Safaryan, noting that a significant part of taxpayers responded to tax the body's partnership dialogue proposal and reviewed behavior. As a result, the growth of tax revenues and sales turnover of risky taxpayers is more impressive. If non-risky taxpayers' tax revenues has increased by 7%, then those of the risky ones – by about 20%.

"The most risky are considered those areas where there is a huge flow of cash, retail trade, some types of services," Safaryan said.

The material is copyrighted and protected by law