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Belgium vs Georgia
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ง๐Ÿ‡ช Belgium
vs
๐Ÿ‡ฌ๐Ÿ‡ช Georgia
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
25โ€“45%
Arizona reform reducing top rate; lower brackets widened
โ–ผ -5.0pp vs 2025
20%
Flat 20%; political pressure from EU candidacy reforms
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
6โ€“21%
Some reduced rates restructured under reform
No change
18%
18% standard
No change
Corporate Tax Rate
Corporate Tax Rate
25%
25% maintained; IP box regime continues
No change
15%
15% distribution tax; Pillar Two considerations
No change
Capital Gains Tax
Capital Gains Tax
10โ€“33%
New flat 10% CGT on financial assets in reform
No change
5โ€“15%
5% dividend; capital gains as income
No change
Social Security & Payroll
Social Security / Payroll
~46%
Reform targets reducing employer contributions over time
โ–ผ -2.0pp vs 2025
4%
Pension reform; mandatory system maturing
No change
State, Regional & Local Taxes

๐Ÿ‡ง๐Ÿ‡ช Belgium โ€” Regional & Municipal Income Taxes

Belgium's 3 regions (Flanders, Wallonia, Brussels) and 589 municipalities each add centimes additionnelles (additional centimes) to federal income tax. Municipal rates range from 0% to 9.5% of federal income tax, averaging ~7%. Flanders, Wallonia, and Brussels have differing property tax (prรฉcompte immobilier) rates and housing policy incentives. The withholding tax on investment income (prรฉcompte mobilier) is federal at 30%. Belgium has no inheritance tax at federal level โ€” it's regional.

๐Ÿ‡ฌ๐Ÿ‡ช Georgia โ€” Municipal Taxes

Georgia's 64 municipalities (including Tbilisi) have limited independent taxing powers โ€” income tax is nationally set. Municipalities levy property tax (gแƒแƒ“แƒแƒกแƒแƒฎแƒแƒ“แƒ˜ qonebaze) at 0%โ€“1% of market value for individuals and 1% for legal entities. Vehicle annual fees and land tax are also locally determined. Georgia has a simple and low-tax system โ€” it introduced a flat 20% income tax in 2004 and has since maintained competitive rates. The Virtual Zone and Free Industrial Zone regimes offer significant corporate tax exemptions.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Belgium vs Georgia: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ง๐Ÿ‡ช Belgium has a higher top income tax rate (25โ€“45% vs 20%). ๐Ÿ‡ฌ๐Ÿ‡ช Georgia is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Belgium has a higher consumption tax (6โ€“21% vs 18%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฌ๐Ÿ‡ช Georgia offers a lower corporate rate (15% vs 25%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ฌ๐Ÿ‡ช Georgia taxes investment gains at a lower rate (15% vs 33%), benefiting investors.

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