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George Welton Expects Investment Growth by tax Reform

George Welton Expects Investment Growth by tax Reform

George Welton, Executive Director of American Chamber of Commerce considers, that tax reform should encourage reinvestment and support economic growth.

Welton has announced about it at the meeting held at the Ministry of Finance and thanked the department for effective co-operation.

“With this initiative, we should show the whole world and give belief that Georgia is an attractive country for investors. I regard, that this initiative will support to inflow more investment in the country”, – George Welton declared and noted, that simplification of tax administration is a very important initiative.

Executive director of the Chamber notes, that enactment of the reform from 2017 has been very actual for the business, in order “the business to have enough time for planning and organization to prepare for the new initiative correctly and adequately”.