Georgia’s Parliament Foreign Relations Committee approved ratifying several international agreements, including an update to Georgia’s MLI reservations and notifications originally submitted on 29 March 2019.
The Foreign Relations Committee of Georgia’s Parliament gave its approval for the ratification of several international agreements on 9 September 2025.
Among these was an update to Georgia’s reservations and notifications under the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). This update modifies the original list of reservations and notifications that Georgia had submitted on 29 March 2019.
The Multilateral Tax Convention has been developed to eliminate the artificial relocation of profits to the taxable base and low-tax jurisdictions.
Georgia accessed the Convention on 7 June 2017, which was later ratified on 28 December 2018, and subsequently enacted on 1 July 2019.
Consequently, the reservations and notices document addressed solely the countries that were signatories to the Convention during the specified period. Currently, the Convention unifies 58 countries, 22 of which are not subject to the reservations implemented in accordance with the multilateral agreement.
As per the announcement, the Convention will now encompass the aforementioned 22 countries, including Austria, Denmark, Germany, Switzerland, Poland, Azerbaijan, and others.
The revised list of reservations and notifications must be finalised and submitted to the OECD before it can take effect.
