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FACTS OF ILLEGAL ENTREPRENEURIAL ACTIVITY, LEGALIZATION OF ESPECIALLY LARGE AMOUNT OF ILLEGAL INCOME AND TAX EVASION IN LARGE AMOUNT

Tuesday, March 14, 2023
FACTS OF ILLEGAL ENTREPRENEURIAL ACTIVITY, LEGALIZATION OF ESPECIALLY LARGE AMOUNT OF ILLEGAL INCOME AND TAX EVASION IN LARGE AMOUNT

As a result of the operative-searching and investigative activities carried out by the employees of the Investigation Service of the Ministry of Finance of Georgia, in the Adjara region, criminal prosecution was started against one person on the facts of illegal entrepreneurial activity, legalization of especially large amount of illegal income and tax evasion in large amount. 

Investigation determined that the accused person, by using the company owned by him, without a corresponding license, illegally obtained in total 286 241 m3 inert material, and as a result of its realization, received in total GEL 431 916 illegal income. 

In addition to the mentioned, the accused person, in violation of the tax legislation, was systematically incorrectly declaring income of the company owned by him, in which way he avoided paying in total GEL 316 653 to the state budget.

The investigation is being carried out under Articles 192, 194 and 218 of the Criminal Code of Georgia, which envisages imprisonment from 9 to 12 years.
 

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