OrbitaxTax Treaty between Georgia and South Korea has Entered into Force
|Treaty Development|Georgia-Korea, Rep of
The income tax treaty between Georgia and South Korea entered into force on 17 November 2016. The treaty, signed 31 March 2016, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Georgian profit tax and income tax, and covers Korean income tax, corporation tax, special tax for rural development, and local income tax.
Withholding Tax Rates
- Dividends - 5% if…
