An increase in the property tax threshold for individuals is planned

Parliamentary majority leader Irakli Kirkitadze stated that work is underway regarding increasing the property tax threshold for individuals. According to him, this change is important for the public and will have a positive impact on citizens. 1TV+8

According to Kirkitadze, the Finance and Budget Committee is working on the issue together with the Ministry of Finance. While speaking about the details, Kirkitadze noted that the threshold should be increased in a "more positive direction". 1TV+7

According to the current Tax Code, the obligation to pay property tax arises in the event that a person's or their family's annual income exceeds 40,000 GEL. Interpressnews+1