One charged with intentional tax evasion involving over $1.08mln

The Georgian Prosecutor General's Office on Friday said it had filed charges against a former director of a company for intentional tax evasion involving over ₾3 million ($1.08mln). Photo: Prosecutor General's Office

Agenda.ge, 09 Jun 2024 - 18:32, Tbilisi,Georgia

The Georgian Prosecutor General's Office on Friday said it had filed charges against a former director of a company for intentional tax evasion involving over ₾3 million ($1.08mln).

The investigation by the Ministry of Finance found the individual “consistently produced incorrect income declarations” and evaded taxes between 2014-2018, the body added.

The alleged offender is in custody as a preventive measure following the Prosecutor's petition, with the crime punishable by five to eight years in prison.