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Crypto Tax in Georgia

A structured summary of how individual crypto taxation works in Georgia — the tax regime, headline rate, accepted cost-basis methods, exemptions and anti-avoidance rules.

General information generated from our jurisdiction dataset, not tax advice. Rules change — verify with a local professional.

Individual crypto tax — Georgia

General Information

Default Framework
IFRS
Crypto Classification
Intangible Asset, Inventory
Tax Year
Calendar Year (M12)
Functional Currency
GEL
FX Source (Reporting)
NBG
FX Source (Tax)
NBG
Transaction Rate
Daily Spot
Hyperinflationary
✗ No

Individual Tax — Regime

Tax Regime
Income Tax
20% flat PIT. No specific crypto exemption.
Tax Rate
20%
20% flat

Individual Tax — Cost Basis

Measurement Basis
Historical Cost
Cost Method
FIFO
Method Electable
✓ Yes
Permitted Methods
FIFO, WAVG
Country Override
Standard

Individual Tax — Exemptions

CGT Exempt
✗ No
Holding Period
HP Benefit
Annual Exemption
Threshold Exemption

Individual Tax — Anti-Avoidance

Wash Sale
✗ Off
Same-Day Rule
✗ No
Superficial Loss
✗ No
Loss Restriction
Unrestricted
Loss Carryforward
Unlimited
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Is crypto taxed for individuals in Georgia?

Georgia applies a Income Tax treatment to individual crypto. The table above shows the headline rate, cost-basis method and any exemptions.

Which cost-basis method does Georgia use?

See the cost-basis section above for the default method and the alternatives Georgia permits for individuals.

Other jurisdictions

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