ARARAT GOLD RECOVERY COMPANY FILES LAWSUIT AGAINST RA STATE
TAX SERVICE
12-12-2007 20:00:00 | Armenia | Economy
YEREVAN, DECEMBER 12, NOYAN TAPAN. Ararat Gold Recovery
Company (AGRC) has filed a lawsuit against the RA State Tax
Service (STS) to the RA Economic Court with the request to
recognize the act presented to the company in May 2007 as
invalid. NT correspondent was informed by the STS that a
specification of the company's relations with the state budget
and its fulfilment of certain legislative requirements
(controlled by tax body) were done at AGRC in May, as a result
of which AGRC is to pay additional tax liabilities of 3 bln 401
mln 35.9 thousand drams (about 11.1 mln USD) to the state
budget. The Economic Court will examine the case on December 14.
According to STS's information, AGRC has submitted to the
STS a proposal on terms of signing a reconciliation agreement
regarding the above mentioned act.