Georgia News

Georgia To Harmonize VAT Law With EU VAT Directive

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

Georgia's Ministry of Finance has launched a new consultation on value-added tax amendments that are intended to align Georgia's value-added tax law with EU VAT law provisions. Read Full Story

Ukrainian Corporate Tax Reform Plans Shelved

by Mary Swire, Tax-News.com, Hong Kong

Friday, December 14, 2018

Ukraine has reportedly postponed consideration of a bill that would reform the country's corporate tax system to shift the burden of tax from company profits to distributions. Read Full Story

OECD Releases More Transfer Pricing Country Guides

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, April 12, 2018

The OECD has published new transfer pricing country profiles for Australia, China, Estonia, France, Georgia, Hungary, India, Israel, Liechtenstein, Norway, Poland, Portugal, Sweden, and Uruguay, bringing the number of such overviews published by the OECD to 44. Read Full Story

Ukraine Consults Investors On Corporate Tax Overhaul

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 14, 2018

Ukrainian President Petro Poroshenko has invited business representatives to discuss a "new model of taxation" that will shift the burden of tax from company profits to income distributions. Read Full Story

Georgia-China Free Trade Deal To Soon Become Effective

by Mary Swire, Tax-News.com, Hong Kong

Thursday, December 21, 2017

China and Georgia are to reduce tariffs on bilateral trade from January 1, 2018, under the free trade agreement the two countries signed earlier this year. Read Full Story

China Confirms Numerous Trade Duty Changes From 2018

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, December 19, 2017

China intends to implement numerous changes to its trade tariffs from January 1, 2018, to ensure domestic businesses have access to inputs and equipment and to implement changes in prior international agreements. Read Full Story

Georgia Urged To Fix Tardy VAT Refund Process

by Tatiana Smolenskaya, Tax-News.com, Moscow

Thursday, December 14, 2017

Georgia needs to improve the administration of value-added tax refunds to prevent the further accumulation of claims in the system, the International Monetary Fund has said. Read Full Story

Georgia Signs Free Trade Zone MoU With China

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, December 5, 2017

China and Georgia have signed an agreement on the creation of free trade zones in Georgia that would facilitate Georgia's role in China's Belt and Road initiative. Read Full Story

Europe's Tax Officials Explain How Tax Administration Is Evolving

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, November 2, 2017

The Intra-European Organisation of Tax Administrations has released a new report containing insight on topical tax policy matters from the heads of Europe's tax agencies, focusing on the tax challenges and opportunities presented by technological advancements and businesses' new and innovative business models. Read Full Story

OECD Supporting Georgia On BEPS Implementation

by Mary Swire, Tax-News.com, Hong Kong

Thursday, October 19, 2017

A delegation from the OECD recently visited Georgia to meet with high-level officials to discuss the country's progress in implementing the agency's international standards, developed to combat tax evasion and avoidance. Read Full Story

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