Special Tax Treatments/Statuses
24 აგვისტო 2020
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Fixed income taxpayer
A fixed income taxpayer can be a natural person if he or she provides a short-term lease of the property he or she owns.
A natural person shall meet the following requirements to be eligible for a fixed income tax:
- should not be voluntarily registered as a VAT payer;
- the total amount of transactions carried out by him/her during any continuous 12 calendar months in the part of fixed income taxable activity does not exceed GEL 100,000.
Short-term housing services may require services that are not reimbursed separately and are included in the cost of short-term housing services. The fixed income taxpayer pays the due tax once on a quarterly basis, no later than the 15th day of the month following the relevant quarter. The taxpayer files an application "On transfer to a fixed income tax (space rent)" to the tax authority for the transfer to the fixed income tax. If the taxpayer's application is approved, the tax authority issues the relevant certificate