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Georgia Amends Tax Code: VAT Exemption for Real Estate and Construction Services Until 2029

  • Law No. 1061-IVMS-XIMP amends the Georgian Tax Code.
  • It exempts from VAT the supply of real estate and construction services related to property.
  • The exemption applies between January 1, 2015, and January 1, 2029, under certain conditions.

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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