Georgian PM speaks about lifting tax breaks, requests study into issue

Georgian PM Giorgi Gakharia has once again spoken about lifting tax breaks in the country and said that an effective study has to be conducted into the issue.

He said that tax agreements and the system of tax disputes should be reconsidered.

• Acting PM: gov’t has to reconsider tax breaks which have been in question for a long time

Gakharia noted that some businesses have VAT benefits but the reason is unclear.

A tax agreement is something of an anachronism, a reminder. We think we are helping a particular business to get out of specific problems and we are actually getting them used to very bad practice,” said Gakharia.

Georgian PM compared the tax agreement to indulgence, and noted that as far as he knows, tax breaks do not exist anywhere in the world in such a way.