How capital gains tax works in Georgia
Georgia does not have a separate standalone capital gains tax. For individuals, gains are generally taxed under the personal income tax rules.
The general individual capital-gains rate is 20%. A 5% rate applies to surplus income from supplying a residential apartment or house with attached land, or a vehicle, subject to the statutory rules.
The Revenue Service guidance also provides common private-sale exemptions, including a residential apartment or house with attached land held for more than 2 years, a vehicle held for more than 6 months, and other assets held for more than 2 years if they were not used in economic activity.
For companies, gains are generally taxed under the normal 15% corporate tax system rather than under a separate capital-gains regime.
Tax rates at a glance
- Individual capital gains tax
- 20%General
- Reduced rate
- 5%
- Corporate gains
- 15%
- Crypto gains
- No separate CGT
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
InvestorsCrypto holdersShareholdersProperty ownersFounders
Watch out for
- Asset type and holding period matter. A private home sale, vehicle sale and securities sale can all be treated differently.
- Taxable private asset sales are generally reported in the annual income-tax return by 1 April of the following year, not through a separate capital-gains return.
- Foreign tax may still apply if you are resident elsewhere or the asset is located abroad.
Frequently asked questions
Does Georgia have capital gains tax?
Georgia does not have a separate capital gains tax regime. Gains are usually taxed under the personal income tax rules, with special rates and exemptions for some assets.
Are crypto gains taxed in Georgia?
Georgia does not have a dedicated crypto capital-gains tax regime. The practical answer depends on whether the activity is private investment or business activity and whether another country also has taxing rights.
Are property gains taxed in Georgia?
Yes, unless a specific exemption applies. The usual private-sale rules depend on the asset type, holding period and whether the asset was used in economic activity.