Georgia does not tax its residents’ foreign income: rent and sale of an apartment abroad are tax-free
A Georgian resident is exempt from tax on income from non-Georgian sources, so no foreign tax credit is needed. A resident is someone who spends 183 days or more in Georgia in any 12 consecutive months.
What this changes in the calculation
For a Georgian resident with an apartment abroad the tax in Georgia is 0; only the country where the property is located taxes it.
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