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Tag Archives: Lasha Khutsishvili

Gov’t Discussing a Possible Ban on Online Gambling

Special commissions are currently working in the parliament and the Ministry of Finance on the introduction of new regulations on gambling. Unlike the Ministry of Finance, the parliamentary group is inclined to make a radical decision of a complete ban on online gambling. Deputy Finance Minister of Georgia Lasha Khutsishvili …

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Vietnam Introduces with Georgia’s Tax Reforms

Vietnam Introduces with Georgia's Tax Reforms

Vietnam’s delegation is introducing with Georgia’s tax reforms. The delegation of the Ministry of Finance of the Socialist Republic of Vietnam, headed by Deputy Finance Minister, Do Hong An Tuan visits Georgia for that purpose. First Deputy Minister of Finance, Giorgi Tabuashvili, Head of the Revenue Service and Lasha Khutsishvili, …

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Ministry of Finance to Create Gambling Business Policy

Ministry of Finance created Gambling Business Policy. Department does not have a leader on this stage. ”The functions of the Department will be to prepare legislative initiatives and to protect customer functions.” As for the tax administration, it is being implemented by the Revenue Service and will continue in the …

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Revenue Service Prepares Manual for New Regulations of Profits Tax

f Profits Tax

Ministry of Finance has developed a very good format that ensures dialogue over important issues for business. It is important that such communication is continued on such relevant issue as profits tax reformation. InterPressNews was told at Ministry of Finance that similar estimation was made at working meeting organized by …

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New System of Profits Tax to Come into Force in 2017

New System of Profits Tax to Come into Force in 2017

Deputy Finance Minister Lasha Khutsishvili has taken part in the round table of the UN top political forum: “Reform of Internal Resources Mobilization in Partner Countries and Role of Addis Abeba Tax Initiative”, where he updated the meeting participants about the Georgian experience in cooperation as part of the initiative. …

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Income Tax to be Replaced by a Tax on Dividends

The Georgian government intends to abolish the income tax and replace it with a tax on dividends. Currently several versions are under consideration and the so-called Estonian model is likely to be chosen. According to Deputy Finance Minister Lasha Khutsishvili, there is an opinion that the tax on dividends should …

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