MPs Vote Down President-Proposed Fiscal Amnesty
Georgian Dream parliamentary majority voted down on March 7 package of bills proposed by President Saakashvili, which envisaged writing off unpaid taxes, legalization of previously undeclared income, amnesty for over two dozen of economic crimes and decriminalization of some economic offenses.
The bill envisaged writing off of all unpaid taxes accumulated before January, 2013 and banning the authorities to probe into amnestied tax evasion cases.
Rejection of the bill by the parliamentary majority was expected; the government and Georgian Dream parliamentary majority claimed that with this bill the President wanted to grant tax amnesty to those companies, which enjoyed preferential treatment by the tax authorities under the previous government.
But some of the proposed amendments in the package of bills were acceptable for the Georgian Dream, including those related to liberalization pretrial measures against those charged with criminal offenses. The proposal, however, was also voted down as it was part of a broader package, which in overall was not acceptable for the parliamentary majority.
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