By the decision of the Parliamentary Bureau, the Finance and Budget Committee will begin considering the amendments to the "Tax Code of Georgia" through an expedited procedure.
The bill provides for increasing the family income threshold from GEL 40,000 to GEL 100,000, which is defined for exempting a physical person's taxable property (except for land) from property tax.
The project also intends to extend this amendment to the property tax that, in accordance with the "Tax Code of Georgia", must be declared in 2026.The Parliament will adopt the legislative amendment during the current session week.