Deputy Minister of Finance Mr. Lasha Khutsishvili and the Director of the International Tax Policy Department of the Ministry of Finance of Japan, Mr. Jinda Naoya have held online-consultations concerning the renewal (amendment) of the Convention between Georgia and Japan for the Avoidance of Double Taxation with respect to Taxed on Income.

The renewal of the draft Convention is aiming at considering the recommendations of the 2017 OECD Model Tax Convention resulting from the work of the OECD/G20 Base Erosion and Profit Shifting Project, thus promoting economic cooperation and investments between two countries.

Currently Georgia has 56 Treaties for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion in force.