Georgian English Russian Main Register Company Partners Feedback
Sarke Information Agency
Georgian/English/Russian Menu

Daily News
Economic Press Monitor
Special Report
 


Economic Press Monitor: Macroeconomics & Budget
January 11, 2021


FORBES GEORGIA: “AMENDMENTS TO THE CODE REGARDING TAXATION OF LIQUEFIED GAS BROUGHT THE BUDGET A 300% INCREASE OF REVENUES IN SIX MONTHS”

Georgian Business Association indicates that amendments to taxation of liquefied gas have subjected so-called excise-free commodity code, used for import of oil-products for years, to taxation as well, and one-stage taxation with 300 lari is activated.

“As a result, within 6 months from the date of activation of the legislative amendments, the state budget received by 300% more revenues than it was expected”, says Shavleg Mishveladze, head of the Association’s committee on oil, oil-products and gas.

Full text is not available for the guests. Please, login, if you already have account, or register to get one.

Exchange Rates (NBG)
  05/07/21 + / -
  USD   3.4324   0.0106
  EUR   4.1450   0.0024
  RUR   4.6319   0.0180
Get News in Brief by e-mail
Get daily News in Brief on your e-mail for free!
Announcements
We are leaving for holidays, so the site will not be updated until January 11.

Happy New Year!

Sincerely,

Sarke Information Agency


© 2021 Sarke Information Agency