The Ukraine and Georgia tax treaty has applied since 1999; the military levy is not reduced by Georgian tax
The treaty was signed on February 14, 1997 and entered into force on April 1, 1999: income from letting and selling property may be taxed by the country where the property is located (Articles 6 and 13), and Ukraine credits Georgian tax up to the amount of Ukrainian tax (Article 24). A resident’s foreign income is taxed at 18% plus the 5% military levy; the credit requires a legalised certificate from the Georgian tax authority with a translation.
What this changes in the calculation
A Ukrainian letting an apartment in Georgia: the Georgian 5% is credited; in Ukraine the top-up is to 18% plus the 5% military levy.
- Source
- mof.ge
- Status
- verified
- Published