Georgia’s capital will host global meeting on tax avoidance strategies
Tweet 
Share
Georgia’s capital Tbilisi will host dozens of top officials including members of the G20 at a special meeting in October to discuss tax avoidance strategies on national tax bases.
A group of delegates from 30 countries from Eastern Europe, Central Asia and the EU are due to take part in the Base Erosion and Profit Shifting (BEPS) meeting. The officials will talk about the reforms and projects that should be implemented regarding the taxation system.
The decision for Georgia to host the important meeting was made today in France, where Georgia’s Finance Minister Nodar Khaduri is on an official visit.
Today Khaduri met Pascal Saint-Amans, a director of the Centre for Tax Policy and Administration at the OECD (Organisation for Economic Co-operation and Development). At the meeting the sides agreed to hold the next BEPS meeting in Georgia.
Georgia’s Finance Ministry believed this meeting could benefit Georgia and help the country adjust its taxation system to meet international and global standards.
The October 21-23 BEPS meeting will be organised by the Finance Ministry, Revenue Service, the OECD and the G20, which comprises of envoys from a mix of 20 of the world’s largest, advanced and emerging economies.
Georgia’s Finance Ministry has introduced several changes to the country’s tax administration system to members of the business society.
Georgia’s economic team is working on modifying the country’s profit tax rules, with the main goal to liberalise Georgia’s profit tax.
Georgia and Belarus are stepping up their bilateral cooperation in taxation, customs affairs, and a number of other avenues.
Georgia is stepping up cooperation in taxation, customs affairs and a number of other avenues with Cyprus, Liechtenstein and Iceland.
A tax debt of 1 billion GEL will be slashed from more than 20,000 taxpayers, Georgian authorities announced today.
The Government of Georgia is introducing a new law to encourage people to live and work in Georgia’s mountain regions.
For the first time ever the European Central Bank (ECB) selected a country outside of the Eurozone to host its User Group meeting.