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