The Georgian Revenue Service has published a copy of Law No. 4197-XIVмс-Xмп of 29 May 2024 on changes to the Tax Code of Georgia, which introduces tax exemptions for the transfer of assets to Georgia from foreign enterprises registered in countries with preferential taxation. In particular, it is provided that in the case of a transfer of ownership rights to all assets (including shares) of a foreign enterprise registered in a country with preferential taxation to a Georgian enterprise before 1 January 2028: The income/benefit received by this foreign enterprise and its natural person shareholders within the scope of the...