Annual License Fee; Exemption of Cooperatives From Taxation

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Each cooperative and each foreign corporation doing business in this state pursuant to this part shall pay annually, on or before July 1, to the Secretary of State a fee of $10.00 but shall be exempt from all other excise and income taxes whatsoever.

(Ga. L. 1950, p. 192, § 42.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 74 Am. Jur. 2d, Telecommunications, §§ 12, 19, 29.

C.J.S.

- 86 C.J.S., Telecommunications, § 30.


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