Residents are taxed on their worldwide income. Non-residents are taxed only on their Georgian-sourced income.
The income tax rate is 20 percent. There are cases (depending on the type of income, source of income, and/or status of beneficiary) for which the tax rate is 5 percent (withholding tax on dividends and withholding tax on interest) or 10 percent. The rate is fixed, it does not depend on the total amount of income received.
The official currency of Georgia is the Lari (GEL).
Herein, the host country refers to the country to which the employee is assigned. The home country refers to the country where the assignee lives when he/she is not on assignment.