Taxation in Georgia

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To promote ease of doing business in Georgia, the Government is further simplifying duty tax rules for imported goods.

Georgia’s tax take in October rose 5.9 percent to $1.55 billion, the Georgia Department of Revenue reported Thursday.

Prime Minister Najib Mikati and his Georgian counterpart signed an agreement to avoid double taxation Friday, the Georgian News Agency reported.

India has signed a double tax avoidance agreement (DTAA) with Georgia. This agreement provides a mechanism for effective exchange of information between the tax authorities of two countries, including exchange of banking information.

The double taxation agreement (DTA) with Georgia in the area of taxes on income and capital has entered into force. There was no DTA between Switzerland and Georgia previously, and the new DTA should contribute to the further positive development of bilateral economic relations.

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