The Personal Income Tax Rate in Georgia stands at 20 percent.

Personal Income Tax Rate in Georgia averaged 18.81 percent from 2004 until 2019, reaching an all time high of 25 percent in 2008 and a record low of 12 percent in 2005. This page provides - Georgia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Personal Income Tax Rate - values, historical data and charts - was last updated on July of 2020.

Personal Income Tax Rate in Georgia is expected to reach 20.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Personal Income Tax Rate is projected to trend around 20.00 percent in 2021, according to our econometric models.

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Georgia Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 25.00 12.00 2004 - 2019 percent Yearly

Georgia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 15.00 15.00 20.00 15.00 percent [+]
Personal Income Tax Rate 20.00 20.00 25.00 12.00 percent [+]
Sales Tax Rate 18.00 18.00 18.00 18.00 percent [+]


Georgia Personal Income Tax Rate
In Georgia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Georgia.