February
4, 2003: The Contribution of MagtiCom to the State Economy of Georgia (January,
2003)
MagtiCom Ltd. makes its activates open to public and provides information
on its contribution to Georgian economy.
In January 2003 MagtiCom’s contribution (without offsets) to the state
economy made up GEL 4,173,529.96
|
January 2003
|
| Withholding tax (10% income taxation of foreign nationals) |
25,902.30
|
| VAT |
1,995,724.67
|
| Income tax |
86,587.56
|
| Property transfer tax |
1,900.00
|
| Business tax |
239,213.23
|
| Highway Fund tax |
328,486.04
|
| Social needs tax |
171,200.00
|
| Customs duty |
1,165,910.32
|
| Employment Fund tax |
15,274.00
|
| Advertisement tax |
31,428.00
|
| Local fees |
562.10
|
National Regulatory Commission of the
Activities in Post and Communication |
111,341.74
|
|
TOTAL
|
4,173,529.96 GEL
|
MagtiCom Ltd. employs 414 people.
MagtiCom Ltd. applies the international GAAP accounting system.
Respectfully submitted,
Levan Buchukuri
General Director
MagtiCom Ltd.
