Finance Ministry investigators arrest one for tax evasion using forged documents

The crime is punishable by imprisonment from five to eight years. Photo: Investigation Service of Georgia’s Ministry of Finance 

Agenda.ge, 11 Jun 2024 - 11:46, Tbilisi,Georgia

The Investigation Service of Georgia’s Ministry of Finance on Tuesday said it had arrested one individual for evasion of “particularly large amounts” of tax using forged documents and causing a loss of ₾3 million ($1 mln) to the budget in the process.

The Service said its investigation had found the offender, a company director and owner, had “systematically” made incorrect declarations of income and violated tax legislation.

The crime is punishable by imprisonment from five to eight years.