PocketLaw | Georgia Code | Imposition, Rate, and Computation;

Imposition, Rate, and Computation; Exemptions

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Section
48-7-20

(For Effective Date, See note.) Individual Tax Rate; Tax Table; Credit for Withholding and Other Payments; Applicability to Estates and Trusts

Section
48-7-21

(For Effective Date, See note.) Taxation of Corporations

Section
48-7-21.1

Definitions; Compensation Paid by Taxpayer Disallowed as Business Expense; Applicability

Section
48-7-22

Taxation of Fiduciaries; Rate; Taxable Net Income of Estate or Trust; Exemptions; Computation of Net Income; When Taxable Year of Beneficiary Differs From That of Estate or Trust; Tax as Charge Against Estate or Trust

Section
48-7-23

Taxation of Partnerships; Computation of Net Income; Disallowance of Charitable Contributions; Individual Liability of Partners; Individual Returns of Distributive Shares; When Taxable Year of Partner Differs From That of Partnership

Section
48-7-24

Nonresident Members of Resident Partnerships; Resident Members of Nonresident Partnerships

Section
48-7-25

Exempt Corporations and Organizations; Procedure for Obtaining Exempt Status; Revocation of Exempt Status; Grounds; Retroactivity; Statute of Limitations; Information Returns; Unrelated Business Income; Deductibility of Death Benefit Payments

Section
48-7-26

Personal Exemptions

Section
48-7-27

Computation of Taxable Net Income

Section
48-7-28

Reciprocity

Section
48-7-28.1

Tax Benefit

Section
48-7-28.2

Employer Social Security Credits

Section
48-7-28.3

Expenses From Transactions With Related Members

Section
48-7-28.4

Adjustments to Taxes; Disallowing Expenses Paid to Certain Real Estate Investment Trusts; Procedures, Conditions, and Limitations

Section
48-7-29

Tax Credits for Rural Physicians

Section
48-7-29.1

Retrofitting Certain Single-Family Homes With Accessibility Features

Section
48-7-29.2

Tax Credit for Qualified Caregiving Expenses

Section
48-7-29.3

Tax Credit for Federal Qualified Transportation Fringe Benefits

Section
48-7-29.4

Tax Credit for Disaster Assistance Funds Received; Rules and Regulations

Section
48-7-29.5

Tax Credit for Private Driver Education Courses of Minors; Required Documentation; Rules and Regulations

Section
48-7-29.6

Tax Credit for Qualified Low-Income Building

Section
48-7-29.7

Tax Credit for Depository Financial Institutions

Section
48-7-29.8

(Effective Until December 31, 2021) Tax Credits for the Rehabilitation of Historic Structures; Conditions and Limitations

Section
48-7-29.8

(Effective After December 31, 2021) Tax Credits for the Rehabilitation of Historic Structures; Conditions and Limitations

Section
48-7-29.9

Tax Credit for Qualified Life Insurance Premiums for National Guard and Air National Guard Members

Section
48-7-29.10

Credit for Qualified Child and Dependent Care Expenses; Carryover of Credit Prohibited

Section
48-7-29.11

Income Tax Credits for Teleworking; Definitions; Powers and Duties

Section
48-7-29.12

Tax Credit for Qualified Donation of Real Property; Carryover of Credit; Appraisals; Transfer of Credit; Penalty

Section
48-7-29.13

Tax Credit for Qualified Health Insurance Expenses

Section
48-7-29.14

Income Tax Credit for Clean Energy Property

Section
48-7-29.15

Tax Credit for Adoption of Foster Child

Section
48-7-29.16

Qualified Education Tax Credit

Section
48-7-29.17

Tax Credit for Purchase of One Eligible Single-Family Residence

Section
48-7-29.18

Tax Credit for Purchasers of Alternative Fuel Heavy Duty and Medium Duty Vehicles

Section
48-7-29.19

Procedures, Conditions, and Limitations on Amount of Tax Credits for Purchasers of Alternative Fuel Vehicles

Section
48-7-29.20

(Repealed Effective December 31, 2024) Tax Credits for Contributions to Rural Hospital Organizations

Section
48-7-29.21

(Repealed Effective December 31, 2023) Tax Credits for Qualified Education Donations

Section
48-7-29.22

(Repealed Effective December 31, 2023) Tax Credit for Preceptor Rotations; Implementation; Regulation; Expiration

Section
48-7-30

Taxation of Nonresident's Entire Net Income Derived From Activities Within State; Separate Accounting Possible; Applicability; Allowed Deductions; Applicability of Provisions for Corporations to Nonresidents

Section
48-7-31

Taxation of Corporations; Allocation and Apportionment of Income; Formula for Apportionment

Section
48-7-31.1

Conditions for Allocating Taxpayer's Income Pursuant to Agreement; Public Inspection; Criteria for Evaluating Proposals

Section
48-7-32

Taxation of Railroad and Public Service Corporations; Computation of Net Income Where Business Is Within and Outside State; Net Income for All Other Such Corporations

Section
48-7-33

Annual Accounting Periods

Section
48-7-34

Returns of Corporations and Nonresidents Based Upon Books of Account; Application to Commissioner; Time; Contents

Section
48-7-35

Application for Permission to Use Other Method of Allocation by Corporation or Nonresident; Contents; Effect of Failure to Receive Notice of Rejection

Section
48-7-36

Tolling of Time Limits for Filings by Reason of War Related Service in Armed Forces

Section
48-7-37

Taxes Due From Members of Armed Forces Dying on Active Duty; Applicability of Tax to Particular Taxable Years; Assessment of Unpaid Taxes; Abatement; Credit or Refund of Collected Payments

Section
48-7-38

Deduction for Payments to Minority Subcontractors; Certification as Minority Subcontractor

Section
48-7-39

Depreciation of Property Placed in Service in Prior Tax Years

Section
48-7-40

Designation of Counties as Less Developed Areas; Tax Credits for Certain Business Enterprises

Section
48-7-40.1

Tax Credits for Business Enterprises in Less Developed Areas

Section
48-7-40.1A

Job Tax Credit for Ppe Manufacturers

Section
48-7-40.2

Tax Credits for Existing Manufacturing and Telecommunications Facilities in Tier 1 Counties; Conditions and Limitations

Section
48-7-40.3

Tax Credits for Existing Manufacturing and Telecommunications Facilities in Tier 2 Counties; Conditions and Limitations

Section
48-7-40.4

Tax Credits for Existing Manufacturing and Telecommunications Facilities or Manufacturing and Telecommunications Support Facilities in Tier 3 or 4 Counties; Conditions and Limitations

Section
48-7-40.5

Tax Credits for Employers Providing Approved Retraining Programs

Section
48-7-40.6

Tax Credits for Employers Providing Child Care

Section
48-7-40.7

Optional Tax Credits for Existing Manufacturing and Telecommunications Facilities in Tier 1 Counties; Conditions and Limitations

Section
48-7-40.8

Optional Tax Credits for Existing Manufacturing and Telecommunications Facilities in Tier 2 Counties; Conditions and Limitations

Section
48-7-40.9

Optional Tax Credits for Existing Manufacturing and Telecommunications Facilities or Manufacturing and Telecommunications Support Facilities in Tier 3 and 4 Counties; Conditions and Limitations

Section
48-7-40.10

Tax Credit for Water Conservation Facilities and Qualified Water Conservation Investment Property

Section
48-7-40.11

Tax Credit for Shift From Ground-Water Usage

Section
48-7-40.12

Tax Credit for Qualified Research Expenses

Section
48-7-40.13

"Business Enterprise" Defined; Tax Credit

Section
48-7-40.14

Calculation of New Full-Time Jobs

Section
48-7-40.15

Alternative Tax Credits for Base Year Port Traffic Increases; Conditions and Limitations

Section
48-7-40.15A

Additional Job Tax Credit Based on Increase in Port Traffic; Conditions and Limitations

Section
48-7-40.16

Income Tax Credits for Low-Emission Vehicles

Section
48-7-40.17

Establishing or Relocating Quality Jobs; Tax Credit

Section
48-7-40.18

Tax Credit for Businesses Headquartered in State; Full-Time Jobs

Section
48-7-40.19

Diesel Particulate Emission Reduction Technology Equipment; Tax Credit

Section
48-7-40.20

Credit Against Taxes for Businesses Engaged in Manufacturing Cigarettes for Exportation; Amount; Required Information

Section
48-7-40.21

Tax Credits for Existing Business Enterprises Undergoing Qualified Business Expansion; Recapture; Application of Credit

Section
48-7-40.22

Credit to Business Enterprises for Leased Motor Vehicles; Daily Ridership; Implementation

Section
48-7-40.23

Election to Count New Jobs on Calendar Year Basis

Section
48-7-40.24

Conditions for Taking Job Tax Credit by Business Enterprises; Calculating Credit

Section
48-7-40.25

Conditions for Credit for Business Enterprises With Existing Manufacturing Facilities; Calculating Credit

Section
48-7-40.26

(For Effective Date, See note.) Tax Credit for Film, Gaming, Video, or Digital Production in State

Section
48-7-40.26A

Tax Credit for Postproduction Expenditures

Section
48-7-40.27

Tax Credit for Qualified Investments

Section
48-7-40.28

Limitation on Credit for Qualified Investment Tax Credit

Section
48-7-40.29

(For Effective Date, See note.) Income Tax Credits for Certain Qualified Equipment That Reduces Business or Domestic Energy or Water Usage

Section
48-7-40.30

Income Tax Credit for Certain Qualified Investments for Limited Period of Time

Section
48-7-40.31

Income Tax Credit for Employing Qualified Parolee

Section
48-7-40.32

Revitalization Zone Tax Credits

Section
48-7-40.33

(Repealed Effective January 1, 2023) Tax Credits for Musical or Theatrical Performances

Section
48-7-40.34

Tax Credit for Class Iii Railroads; Reporting

Section
48-7-40.35

Credit for Qualified Employers; Conditions and Limitations to Credit; Requirements for Being Qualified Employer

Section
48-7-40.36

Income Tax Credits for Timber Producers Incurring Losses From Hurricane Michael

Section
48-7-41

Basic Skills Education Program Credits

Section
48-7-42

Affiliated Entity Defined; Assignment of Corporate Income Tax Credit; Carryover of Unused Credit; Joint and Severable Liability