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Tax Treaty between Georgia and Iceland Signed

|Treaty Development|Georgia-Iceland
Georgia-Iceland

On 13 May 2015, officials from Georgia and Iceland signed an income tax treaty. The treaty is the first of its kind between the two countries.

Taxes Covered

The treaty covers Georgian profits tax and income tax, and covers Icelandic income taxes to the state and income taxes to the municipalities.

Withholding Tax Rates

  • Dividends - 5% if the beneficial owner is a company directly holding a…

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