THE CHANGES OF TAX LAWS AND THEIR ESTIMATION
Authors: Kheladze Lia 
Published: January 2022

The topic of the article is very important and significant, because taxes are one of the main subjects in economic relation. Generally taxes can regulate the direction of Georgian economic and promote its rapid development.
The innovation which realizes in taxes are mainly loyal and easing. Most of them are closely connected with covid-19 pandemic, while others are the result of Association Agreement of European Union.
One of the most remarkable issues in the article is to collect and realize the information about taxpayers and after that plan to revise them. According to this method, the taxpayers have chance to save human resources and their efforts to concentrate on development and progress. All these affect the revenue of budget and economic of Georgia.
The article provides people overview the changes in income taxsuch additional support for employees on short-time because of the economic consequences of the Covid-19 pandemic. In Georgia, there was some privilege for people who have salary less than 1500 Gel. On the other side, in Greece, government funding of the employers contributions, for enterprises which operate in tourist accommodation sector, under the condition that they have a 70% reduction of their earnings.
There are very loyal issues about profit tax. For example, corporations which contribute money STOPCOV funds are absolutely free of taxation, this regulation helps government to deal effectively with covid-19 pandemic, on the other side firms are given opportunity to take part in social activity.
There are lots of changes connected with value added tax. First of all the taxpayers give possibility to return VAT from budget without much unpleasant procedure. According to this rule, one milliard gel was comeback from budget during 2020 year. It is very essential to admit negative effects of this regulation, particularly “fake firms” give chance to return as much money from budget as possible. All these influenced negatively on finance of budget and economic.
It is remarkable to admit about encouraging decision of VAT. In Georgia, health and educational sectorandall services connected with them are absolutely free of VAT. All these aren’t connected with Covid-19 pandemic but they are considerable decision which provide development and progress of this field.
In foreign countries medical services, take-away food and drinks, tourism, hospitality sector, restaurants and cafeterias and self-employed workers use decreased tax rate during the pandemic. In Ireland reduced rate of VAT for tourism sector from 13.5% to 9%, in Germany for restaurants VAT was reduced from 19% to 16%, in Hungarian there was privilege for ,,take-away” food and drink.
In conclusion, the article gives us very essential information about changes and discouraging regulation of taxes. All there are important while according to these innovation state must provide its fiscal and regulator reason. It’s very difficult to make right decision in tax lows, firstly, it does not decrease the revenue of budget, and secondly, it must be loyal towards taxpayers. So, people, who make decision in tax laws should consider particular reason of Georgia.