DT7750 - Georgia: Agreement

The comprehensive agreement (SI 2004/3325) entered into force on 11 October 2005 and has effect:

in the United Kingdom from 1 April 2006 for corporation tax and from 6 April 2006 for income tax and capital gains tax;

in Georgia in respect of taxes chargeable for any fiscal year beginning on or after 1 January 2006.

For periods prior to the agreement having effect, Georgia did not regard itself as bound by the agreement between the United Kingdom and the Soviet Union. However, the United Kingdom will continue to apply the terms of the UK/Soviet Union agreement (see DT17500 to 17526) in the case of residents of Georgia in respect of profits arising before 1 April 2002 and income and gains arising before 2002.

The UK/Georgia agreement can be viewed through the “New treaties/protocols in force” link.