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Georgia signed accord on double taxation prevention with Malta2009-10-27 17:01
Georgia signed accord on double taxation prevention with the government of Malta, said Zaza Chelidze, the deputy Minister of Finance, at today's press-conference.gt-en-newsitem-inside
According to his data, similar agreements are signed with 26 countries and ratified by the Parliament, which means they are valid and create favorable conditions for investing in Georgia and liberate foreign businesspeople from additional burden of taxes.
With 7 countries the accords are inked, but hasn't already been ratified. These are [alongside with Malta]: France, Turkey, Luxemburg, Ireland, Kuwait, Russia. The ratification of the agreement with Russia suffers because of the tense relation between the two countries. Georgia will continue work in this field, and negotiates with Great Britain, Switzerland, the UAE, and a number of other countries.