The Georgian Government has decided to write off the property taxes from the country’s tourism sector businesses, Prime Minister Irakli Garibashvili revealed on Monday.
The Government head noted the decision followed studies of challenges in the sector, adding in the global pandemic tourism had “suffered the most.”
The tourism sector, including hotels and restaurants, will not be required to pay property taxes for 2021, Garibashvili said, adding details about the initiative would be revealed by the country’s Economy and Finance Ministers.
