Association storms media – BMG Analytics – TV Pirveli

Main topics of the issue:

Tax service fines of more than GEL 1,000,000 for hundreds of companies with Virtual Zone status:

• Is it legal to change the interpretation of the law?

• How do these actions affect the country’s image and what are the consequences for the country itself?

The Association is trying to convey to the state the following demands of its beneficiaries:

• Rescind the decisions of illegal retrospective tax audits on existing cases

• Exempt them from tax for the previous period

• Clear criteria for IT companies.

Chairman of the Association Shorena Kopaleishvili never tires of pointing out that foreign companies do not run away from taxes! They need the clear criteria of the law, which will not lend themselves to interpretation.

Source: bm.ge