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Georgia Commits to Implementation of International Standard on Automatic Exchange of Financial Account Information

21 July 2020

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Treaty Development

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Georgia-OECD

The OECD announced on 16 July 2020 that Georgia has committed to implement the international standard on the automatic exchange of financial account information by 2023. --- Georgia commits to implement international standard on automatic exchange of financial information by 2023 16/07/2020 - On 8 June 2020, the Honourable Ivane Matchavariani, Minister of Finance of Georgia, committed to implement the international standard on automatic exchange of financial account information by 2023. This powerful new tool will not only generate additional taxable revenues for Georgia by allowing it to identify cases of tax evasion but also drive changes in taxpayer behaviour....