Tax on deposit interest in Georgia: another KPMG review gives 5%
In the KPMG Tax Briefing Book (January 2024), interest paid to a resident is taxed at source at 5% with no exemption, as in Deloitte 2024 and Andersen 2026. The 5% withholding rate was introduced by Law No. 118-Iს of December 20, 2012 (art. 131(1)).