Zurab Dznelashvili, founder of legal firm Tax & Legal Solutions, has published six recommendations for individuals completing their annual property tax declarations.
Earlier this year, Parliament amended the Tax Code, replacing the previous multi-tier property tax system, which included a GEL 40,000 income threshold, with a unified GEL 100,000 threshold. Individuals whose 2025 family income does not exceed GEL 100,000 and who do not own taxable land are exempt from filing a 2026 property tax declaration.
For individuals whose income exceeds the threshold, Dznelashvili highlights several points:
- Declaration period: Individuals must submit the 2026 annual declaration and should not change the reporting period on the Revenue Service portal.
- Family declaration: If multiple family members are required to file, one member may submit a joint family declaration instead of separate filings. This is optional, and the submitting member will be charged the family's total tax liability.
- Income threshold: Whether filing individually or jointly, the GEL 100,000 exemption threshold is assessed based on the previous year's total family income.
- Taxable property: Property tax applies only to assets and land located in Georgia.
- Taxpayer status: Individuals who own property or land in Georgia, as well as those using state- or municipally owned land, are liable regardless of citizenship or tax residency.
- Income sources: Family income generally includes both Georgian-source and foreign-source income. However, for Georgian citizens who are non-residents, only income earned from Georgian sources is taken into account.
Dznelashvili shared the recommendations on his personal Facebook page.
