About Civil.ge
Eng | Geo | Rus
Last updated: 10:55 - 1 May.'18
Revenue Service Continues Audit at Media Group's One Firm
Civil Georgia, Tbilisi / 9 Jun.'11 / 13:01

The Finance Ministry’s Revenue Service said on Thursday that it had completed a routine stocktaking process in three out of four firms of Palitra holding, Georgia’s one of the largest media groups.

Palitra holding, which operates dozens of firms, including many media outlets, started ringing alarm bells on Tuesday evening after several of its firms became targets of a simultaneous audit from the Revenue Service. The group said the move was “causing suspicion” about possible pressure from the authorities.

The Revenue Service said in a statement on June 9, that as it note earlier in separate statement stocktaking was “a short and easy process”, which was already completed in three firms. It said that stocktaking was now ongoing in only one firm of Palitra holding – Publishing Palitra L Ltd. Stocktaking is an initial phase, which usually is followed by the tax audit by the authorities.

“It will be finalized shortly and it will not hinder the work of the organization,” the Revenue Service said.

The audit process immediately triggered wave of concern from other media organizations and many opposition parties.

A large group of media representatives, civil society and human rights activists, as well as politicians from broad range of opposition parties gathered outside the Palitra holding headquarters in Tbilisi on June 8 to express solidarity and support towards the company.

Participants of the solidarity rally were saying the move by the Revenue Service to launch simultaneous audit in those firms, which are major income generating sources for the holding, was triggering serious suspicion that it was an attempt of pressure. They said that this suspicion was further fueled by the fact that the audit came less than two weeks after violent crackdown on street protest, which was extensively covered by the Palitra holding’s media outlets.

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.