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Economic Press Monitor: Construction
April 26, 2017


TABULA: “KUMSISHVILI: EXTENSION OF TAX PRIVILEGE FOR CONSTRUCTION WILL BRING TO END PROJECTS OF 200M”

By initiative of the government, tax privilege (exemption from VAT), set for construction projects, launched before 2008, will be extended by 2 years, until 2020.

Finance Minister Dimitri Kumsishvili said: “We made the first decision on setting privileges in 2015.

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