Eurofast Transfer Pricing Seminar

A Transfer Pricing Seminar was held at the Georgian-American University in Tbilisi, Georgia this week. The event was organized by Eurofast and supported by Bloomberg and the Revenue Service of Georgia.

The seminar aimed at increasing local business awareness and compliance with the concept and application of Transfer Pricing, and providing an overview on international and local trends in this sphere. It was attended mainly by CEOs, chief financial managers, chief accountants and legal counsels of the largest multinational companies present in Georgia, as well as by representatives of the Revenue Service of Georgia and the Office of the State Minister of Georgia for Diaspora Issues.

In the opening session of the Seminar, Eurofast’s Country Director, Anna Pushkaryova, and Dachi Kinkladze, Deputy Head of the Department for International Relations (Tax and Customs Administration), welcomed the participants. Anastasia Sagianni, Eurofast Head of Transfer Pricing Division, shared best practices and discussed Eurofast‘s international experience in this sphere, providing the concept and application of Transfer Pricing, global trends and managing risks and issues that affect the business. Avtandil Svanadze and Mr Giorgi Macharashvili, auditors and members of Transfer Pricing Group of the Georgia Revenue Service, presented recent developments and Georgian legislative framework in the sphere of transfer pricing, as well as shared facts and TP statistics in Georgia.

The seminar provided an excellent opportunity for an exchange of information and ideas on Transfer Pricing Policies in Georgia and the region.

For more information on the activities of Eurofast in the region please contact Country Director of Eurofast in Georgia Anna Pushkaryova via email anna.pushkaryova@eurofast.eu, or by phone +995 595100517.