“The Armenian Businessmen Work in Shadow because it is Profitable: Experts”
May 18, 12:00

The official figures of Armenia during the first quarter of 2017 show that there is an increase in taxes, which, according to the same figures, is mainly due to a reduction in the "shadow" of the big companies. Based on State Revenue Committee (SRC) reports, the shadow comprises 33.2 percent of the large taxpayers, and according to experts, the shadow economy in Armenia accounts for around 30 percent of GDP.

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