BDO Tax & Legal Newsletter / May 2024 No.5

Mariam Khuskivadze / Manager, TAX

This publication covers latest important tax and legal changes that business should take into consideration for their daily operations and governance. Please contact BDO to discuss these matters in the context of your particular circumstances.

Table of Contents: 

  • The rule for filling in the appendix "A" of the declaration of tax withheld at the source of payment
  • Exemption of a legal entity under public law from a fine
  • Basis for assigning the status of an unqualified VAT payer
  • Services related to an immovable thing
  • Taxation of income received from transport services in international carriage between Georgia and foreign countries at the source of payment
  •  Issuance of the Interim Tax Audit Act
  • Writing off tax debt 
  • Tax exemption for transations related to foreign enterprises registered in the countries with preferential taxation.