About Civil.ge
Eng | Geo | Rus
Last updated: 14:06 - 18 Mar.'18
Tax Arbitration Councils Canceled
Civil Georgia, Tbilisi / 20 Apr.'05 / 19:38

The Parliament approved amendments to the Tax Code, with its first hearing on April 20, envisaging cancellation of the Tax Arbitration Councils, which are in charge of dealing with disputes between the tax-payers and the Finance Ministry.

These councils, which were set up for each individual case to solve the disputes between the tax-payers and the authorities, were seen by the business community as one of the most successful components of the new Tax Code, which was approved last December.

The government decided to cancel these councils, a decision that has been widely condemned by the business community, after the Finance Ministry lost a number of cases that resulted in the government re-paying several million Lari to a number of private firms.

“Currently there are several cases under consideration by the Arbitration Councils. The cases involve disputes over tens of millions of Lari. We should immediately take measures [against these councils], as we can not afford to re-pay tens of millions of Lari because of the unfair rulings of these councils,” Prime Minister Zurab Nogaideli told reporters earlier on April 20.

State Minister for Economic Reforms Kakha Bendukidze, who was the only member of the government who voiced concerns regarding the cancellation of the Tax Arbitration Councils, told reporters on April 20 that this decision will worsen the business environment in the country.

He added that this system of Tax Arbitration Councils needed improvements and not cancellation.

Chairman of the Georgian Business Federation, influential media and financial tycoon Badri Patarkatsishvili, issued a statement on April 20 also expressing concerns regarding the government’s decision.

Latest News
18 Mar.'18 14:06
U.S. Navy Ship Makes Port Call in Batumi
The vessel will stay in Georgia until March 20.
17 Mar.'18 12:39
UK Ambassador to Georgia on Salisbury Incident
Justin McKenzie Smith on the British response to the Novichok nerve agent use in Salisbury.
16 Mar.'18 16:40
Majority, Opposition Lawmakers Agree on Russia Resolution
The Parliament of Georgia is to adopt the joint resolution next week.
16 Mar.'18 15:42
Azerbaijani, Georgian, Iranian, Turkish FMs Pledge Closer Ties
The quadrilateral format will strengthen regional cooperation, the Georgian Foreign Minister says.
16 Mar.'18 11:34
Georgian MFA: Crimea Annexation ‘Disregards’ International Law
The Foreign Ministry issued a statement regarding the four-year anniversary of Crimea annexation.
16 Mar.'18 11:30
SG Jens Stoltenberg on Georgia-NATO Relations
NATO Secretary General says he is impressed by reforms, readiness to engage in a dialogue with Russia.
15 Mar.'18 20:33
Opposition Parties Press Govt on Moscow Appeal
Twelve parliamentary and non-parliamentary opposition parties voice their concerns over PM’s dialogue offer. 
15 Mar.'18 17:04
Georgia, Sweden to Sign Convict Repatriation Deal
The interstate agreement will reportedly be concluded in two months time.
15 Mar.'18 01:16
Religious Leaders Concerned over Alleged Desecration of Catholic Symbols in Vale
Public Defender Nino Lomjaria called for a prompt and an effective investigation into the matter.
14 Mar.'18 19:37
Georgian President Visits Washington DC, Meets Lawmakers, Think Tank Community
Giorgi Margvelashvili met with House Minority Leader Nancy Pelosi, and a number of other U.S. legislators.

About Civil Georgia
Civil.Ge © 2001-2018, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.