- Order No. 446 has been published in the Georgian Official Gazette on Nov. 28
- The order amends the conditions for VAT taxation on compensation before the delivery of goods and services
- The order includes measures amending the conditions for VAT taxation on compensation paid before the delivery of goods and services
- The order also extends the rule to exchange or barter operations, both in cash and in the form of goods or services as payment of compensation.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
