Georgia

Taxable period

The tax year in Georgia is the calendar year.

Tax returns

The following individuals are required to submit individual income tax declarations to the tax authorities at their place of registration before 1 April (for income received in the previous calendar year):

• Resident individuals, including foreign individuals with Georgian tax residency, for whom income is not taxed at the source of payment in Georgia.
• Non-resident individuals with Georgian-source income not subject to taxation at the source of payment.

Payment of tax

An entrepreneur individual has to make estimated payments of PIT amounts proportionally in four instalments (by 15 May, 15 July, 15 September, and 15 December).