An online meeting was held for the members of the Business Association of Georgia on the ongoing reforms in the Revenue Service
15 Jan '21
Mamuka Baratashvili, Deputy Head of the Revenue Service of the Ministry of Finance, introduced the changes made in the tax legislation to the representatives of the Business Association of Georgia (BAG) member companies.Mamuka Baratashvili, Deputy Head of the Revenue Service of the Ministry of Finance, introduced the changes made in the tax legislation to the representatives of the Business Association of Georgia (BAG) member companies.
During the meeting, the parties discussed two main issues, namely the new electronic register of employees, the rules for displaying information in the register and the program of a qualified VAT payer. The conversation also touched upon the VAT reform in general and the news introduced within its framework from January 1.
As it became known at the meeting, an amendment was made in the tax legislation, according to which the companies will be obliged to produce a new electronic register of employees from February 1, 2021.
Members of the Business Association of Georgia had the opportunity to ask questions on issues relevant to them. There was also a discussion through which opinions were exchanged on the mentioned change. The meeting was attended by more than 130 representatives of member companies of the Business Association.