Georgian Government’s Policy on Corporate Responsibility
Tax Benefits for Charity
Georgian Tax Code has several norms establishing certain benefits (deductions) and incentives for charity activities of companies. Namely, article 983 and article 117 of the Georgian Tax Code determine Tax deductions to enterprises for their charitable activities – monetary donations, provision of free goods or services. However, companies can apply these benefits only when their beneficiary is an entity with officially recognized status of charity organization (procedures on how to obtain charity organization status are listed here)
