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Tax Increase on Mineral Water

Published: July 22, 2013 | 9:19 am
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The executives at Nabeghlavi are expecting a review of the tax increase on mineral water. The move to increase the tax on Nabeghlavi and Borjomi products has already been approved by the Parliament. However, the companies are still hopeful that a meeting with senior executive members of the government and the Parliament will be fruitful. In the case of Nabeghlavi, taxes have been increased by 200%. The company claims that this represents a violation of the licensing agreement.

 

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