According to an update from the Belarusian Ministry of Taxes and Duties, the income and capital tax treaty with Georgia entered into force on 24 November 2015. The treaty, signed 23 April 2015, is the first of its kind between the two counties. Taxes Covered The treaty covers Belarusian tax on income, tax on profits, income tax on individuals and tax on immovable property. It covers Georgian profit tax, income tax and property tax. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company directly holding at least 25% of the paying company's capital; otherwise 10% Interest...