On 6th June, 2019 Mr. Paolo Valerio Barbantini, Deputy Director General of the Italian Revenue Agency, and Mr. Vakhtang Lashkaradze, Director General of the Revenue Service of Georgia, met in Tbilisi, Georgia, to sign the Memorandum of Understanding, formalizing the launch of a technical assistance programme to implement Mutual Agreement Procedures and Advance Pricing Agreements in Georgia.

The signing of the Memorandum confirms the commitment of the Italian Revenue Agency in the international cooperation on tax matters and in delivering capacity building programmes based on sharing experiences, methodologies, good practices and practical approaches.

This project aims at enabling Georgia Revenue Service to set up an appropriate organizational structure competent for the management of advance pricing agreements and mutual agreement procedures.

The programme will be carried out within the context of the international technical tax assistance programmes and will include the development of a legislative framework, guidelines, best practices, as well as processes and any other appropriate tools to implement a MAP and APA practice in Georgia.