The income and capital tax treaty between Cyprus and Georgia was signed on 13 May 2015. The treaty is the first of its kind directly between the two countries, although the 1982 income and capital tax treaty between Cyprus and the former Soviet Union had applied but was terminated. Taxes Covered The treaty covers Cyprus income tax, corporate income tax, the special contribution for the Defense of the Republic, and capital gains tax. It covers Georgian income tax, profit tax and property tax. Withholding Tax Rates Dividends - 0% Interest - 0% Royalties - 0% Capital Gains The following capital...