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Saluashvili Mikheil » Taxation

In your opinion, what kind of tax system is reasonable for Georgia and according to which principle should income tax be determined?

The tax system has the great and important role in the formation and development of the State.

One set of fixed payments with an option for physical persons and legal entities established under the so-called Progressive tax system, which was adopted by them to the final (net of expenses) income cut. One of the interesting versions is, in parallel to the fixed taxes of physical persons, to implement the so-called Progressive tax system for legal entities that will be cut from their final net income (excluding the costs).

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