The income tax treaty between Georgia and Kyrgyzstan was signed on 13 October 2016. It is the first of its kind between the two countries. Taxes Covered The treaty covers Georgian profit tax and income tax. It covers Kyrgyz tax on income and profits of legal persons and income tax on individuals. 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 - 5% Royalties - 10% Capital Gains The following capital gains derived by a resident of one Contracting State may be taxed...