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Georgia-Poland Tax Agreement Updated: Lower Withholding Rates

April 6, 2023Georgia Techadmin

The updated “Avoidance of Double Taxation on Income and Prevention of Non-payment of Taxes and Tax Evasion” agreement between Georgia and Poland is now in effect, replacing the previous accord from 2006. Incorporating the 2017 OECD model and adhering to BEPS standards, the revised agreement lowers withholding tax rates for dividends, interest, and royalties from 10% to 5%.

Aimed at fostering economic cooperation and stimulating investment between the two nations, Georgia now has active double taxation avoidance agreements with 57 countries, demonstrating its dedication to international economic collaboration.

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