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Deadlock I No.25

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Georgia Real Estate Tax

Georgia Real Estate Tax

There is no rental income tax in Georgian Legislation, instead it is covered in personal income tax.

  • Non-commercial income tax is %1
  • Commercial property income tax is %20
  • If you sell your non-commercial property after 2 years, no tax. before 2 years, it is %5 of your profit
  • If you sell your commercial property after 2 years, no tax. before 2 years, it is %20 of your profit

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