The Minister of Finance of Georgia, Ivane Machavariani made a statement about the liabilities accumulated by Georgian private broadcasters before the central budget. Machavariani says that the “vicious practice of tax avoidance has to end.”
According to the Minister of Finance, the debt of three broadcasters - “Imedi”, “Rustavi 2” and “Maestro” amounts to GEL 55 million. Namely the debt of “Rustavi 2” is about 28 million GEL, “Imedi” has a liability of 19 million GEL, and “Maestro” has a delinquent liability of 8 million GEL.
Minister says that the government does not intend to declare amnesty over these debts and urges the management of those companies to start talks on restructuration during the next two weeks.
“I think this issue must be resolved once and for all. We must have a fair playground for all companies, because there are broadcasters that do not have any liabilities, like “TV Pirveli” or “Caucasus”, therefore everyone has to start paying taxes.
I would like to call the management of these companies as soon as possible, within two weeks our ministry will have meetings with them. Current debts have to be repaid and debt accumulation has to stop.
Mainly those liabilities have accumulated during 2017-2019 years. before 2016 all debts were properly paid,- "Machavariani said.
See all the news
Parliament Lifts Immunity from UNM member Nika Melia
Land Sale brought GEL 20.9 million to state budget
Putin Instructed Lavrov to issue a warning for Russian travelers who plan a visit to Georgia
“APM Terminal Poti” Director – We Are Waiting for the Restoration of Our Rights
ICC: New Regulations will Cause a Cash-Flow Problems for Many Companies
Government Sells “Babylon Tower” for 24.9 million GEL
“Georgian Manganese” Enters into the Legal Dispute with its Employees
Kutaisi bypass road to be modernized as 4-line highway
Ryanair Might Start Operating in Georgia in 2020
TBC announces that it has appointed Jyrki Koskelo as a Chairman of the TBC Bank Supervisory Board
“Private sector has shared interesting ideas that I believe can become part of legal framework,"- Bakhtadze
TBC Bank acquires leading Uzbek payment platform Payme
The current account deficit amounted to 458.1million USD in the fourth quarter of 2018
Moscow Plans to Expand Canal System Between Caspian and Azov Seas - Jamestown