About Civil.ge
Eng | Geo | Rus
Last updated: 10:55 - 1 May.'18
Tax Audit in Media Holding's Several Firms
Civil Georgia, Tbilisi / 8 Jun.'11 / 12:57

Palitra media holding incorporates five newspapers; eleven magazines; a news agency; radio station; press distribution agency; book publishing business and printing houses; network of book stores and eleven various websites.

Georgia’s one of the largest media groups, Palitra, started ringing alarm bells on Tuesday evening after several of its firms became targets of a simultaneous tax audit from the Finance Ministry’s revenue service.

Palitra media holding incorporates five newspapers – including the weekly Kviris Palitra, boasting with the largest circulation in Georgia; eleven magazines; news agency InterPressNews; Tbilisi-based FM radio station Palitra; press distribution agency; book publishing business and printing houses, as well as a network of twenty five book stores. The group runs eleven various websites.

The group said through its media outlets on June 7, that six of the firms, mainly printing houses and storages were “sealed off” by the revenue service for “unscheduled inspection.”

The group’s executives were saying that although neither of the targeted firm was a media outlet, such a simultaneous tax inspection on six different firms was “causing suspicion” about possible pressure from the authorities.

Shortly after this news was reported series of statements started coming from various opposition politicians and parties with some calling on the authorities to act in line with law and others condemning “an attempt to terrorize” independent media organization. The news was also followed with series of statements from various Georgian media organizations, expressing solidarity and support towards the Palitra media holding.

A representative of the Palitra holding, Marika Darchia, said on June 8, that ongoing inspection “has slightly hindered the work” of the group. In particular, she said, publishing of some of the newspapers were delayed.

The Revenue Service released a statement on June 8 saying that the inspection was a routine “stocktaking procedure,” which was ongoing not in six, but in four firms of Palitra holding; these four firms are: G.A.P. Ltd.; Color Publishing Ltd.; Poligraphic Materials Ltd. and Publishing Palitra L Ltd. 

The Revenue Service said that this “very short and easy procedure” was in no way hindering the work of media outlets and called on the political parties “not to politicize the issue.”

"Stocktaking in the above mentioned organisations from Media Palitra industry are carried out in full compliance with the law; therefore the work process is not delayed," the Revenue Service said. “The process of stocktaking will be finalised shortly and the public will be informed about the results."

Latest News
01 May.'18 10:55
We Have Moved to a New Platform
Direct Your Bookmarks to https://civil.ge.
29 Apr.'18 03:54
Ruling Party Candidate Wins MP By-Elections
Givi Chichinadze will represent Vani and Khoni single-mandate constituency in the Parliament of Georgia.
28 Apr.'18 09:40
Polls Open for Vani and Khoni MP By-Elections
48,123 voters are eligible to cast their ballots in Vani and Khoni single-mandate constituency.
27 Apr.'18 17:23
State Dept’s Europe Affairs Point Man to Visit Tbilisi
Wess Mitchell will meet senior government officials and address the NATO-Georgia Public Diplomacy Forum.
27 Apr.'18 13:45
In Quotes: Georgian Politicians on Ex-PM Bidzina Ivanishvili’s Comeback
Bidzina Ivanishvili will be approved as the Georgian Dream party chairman at the upcoming convention.
26 Apr.'18 18:15
SG Jens Stoltenberg: Georgia NATO’s ‘Very Close’ Partner
The NATO Secretary General says Foreign Ministers meeting tomorrow will recognize the country’s progress.
26 Apr.'18 14:24
Ex-PM Ivanishvili to Chair Georgian Dream Party
Prime Minister Giorgi Kvirikashvili said Ivanishvili was ‘best equipped’ to add new dynamism to the party.
26 Apr.'18 11:12
Lawmaker Proposes Criminal Liability for ‘Insult of Religious Feelings’
The parliamentary human rights committee decided to set up a working group for scrutinizing the draft law.
25 Apr.'18 17:21
New Abkhaz Government Head Appointed
Gennady Gagulia has served as the Abkhaz “prime minister” twice - in 1995-1997, and 2002-2003.
25 Apr.'18 14:43
Watchdog Improves Georgia’s Press Freedom Ranking
None of the countries of the former Soviet Union (except the Baltics) are ranked ahead of Georgia.

About Civil Georgia
Civil.Ge © 2001-2020, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.