Georgia2026-07-08 16:06:12Georgia Exempts Bitcoin Transactions from VAT, Recognizing It as CurrencyGeorgia's finance minister signed an order exempting crypto-to-fiat exchanges from VAT and income tax for individual traders, treating Bitcoin as a foreign currency while not making it legal tender.500
Georgia2026-07-08 16:04:20Georgia Exempts Bitcoin from VAT, Reinforcing Its Currency StatusGeorgia's finance ministry has exempted crypto-to-fiat transactions from VAT and personal income tax, following European trends and the ECJ's 2015 ruling. However, Bitcoin is not legal tender, and complexities remain for mining and intermediary services.450