CHAPTER 7 - INCOME TAXES
- ARTICLE 1 - GENERAL PROVISIONS
- § 48-7-1 - (For effective date, see note.) Definitions
- § 48-7-2 - Failure of person to pay tax, file return, keep records, supply information, or exhibit books under this chapter; penalty
- § 48-7-3 - Unlawful assisting, procuring, counseling, or advising in filing income tax return under chapter; penalty
- § 48-7-4 - Unlawful disregard of rules and regulations of commissioner in preparing returns under this chapter; penalty
- § 48-7-5 - Evasion of income tax, penalty, interest, or other amount in excess of $3,000.00
- § 48-7-6 - License or registration extensions for National Guard members and reservists on active duty
- ARTICLE 2 - IMPOSITION, RATE, AND COMPUTATION; EXEMPTIONS
- § 48-7-20 - Individual tax rate; tax table; credit for withholding and other payments; applicability to estates and trusts
- § 48-7-21 - Taxation of corporations
- § 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
- § 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 y
- § 48-7-24 - Nonresident members of resident partnerships; resident members of nonresident partnerships
- § 48-7-25 - Exempt corporations and organizations; procedure for obtaining exempt status; revocation of exempt status; grounds; retroactivity; statute of limitations; information returns; unrelated
- § 48-7-26 - Personal exemptions
- § 48-7-27 - Computation of taxable net income
- § 48-7-28 - Reciprocity
- § 48-7-28.1 - Tax benefit
- § 48-7-28.2 - Employer social security credits
- § 48-7-28.3 - Expenses from transactions with related members
- § 48-7-28.4 - Adjustments to taxes; disallowing expenses paid to certain real estate investment trusts; procedures, conditions, and limitations
- § 48-7-29 - Tax credits for rural physicians
- § 48-7-29.1 - Retrofitting certain single-family homes with accessibility features
- § 48-7-29.10 - Credit for qualified child and dependent care expenses; carryover of credit prohibited
- § 48-7-29.11 - Income tax credits for teleworking; definitions; powers and duties
- § 48-7-29.12 - Tax credit for donation of real property; carryover of credit; appraisals; penalty
- § 48-7-29.13 - Tax credit for qualified health insurance expenses
- § 48-7-29.14 - Income tax credit for clean energy property
- § 48-7-29.15 - Tax credit for adoption of foster child
- § 48-7-29.16 - Qualified education tax credit
- § 48-7-29.17 - Tax credit for purchase of one eligible single-family residence
- § 48-7-29.2 - Tax credit for qualified caregiving expenses
- § 48-7-29.3 - Tax credit for federal qualified transportation fringe benefits
- § 48-7-29.4 - Tax credit for disaster assistance funds received; rules and regulations
- § 48-7-29.5 - Tax credit for private driver education courses of minors; required documentation; rules and regulations
- § 48-7-29.6 - Tax credit for qualified low-income building
- § 48-7-29.7 - Tax credit for depository financial institutions
- § 48-7-29.8 - Tax credits for the rehabilitation of historic structures; conditions and limitations
- § 48-7-29.9 - Tax credit for qualified life insurance premiums for National Guard and Air National Guard members
- § 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 corpora
- § 48-7-31 - Taxation of corporations; allocation and apportionment of income; formula for apportionment
- § 48-7-31.1 - Conditions for allocating taxpayer's income pursuant to agreement; public inspection; criteria for evaluating proposals
- § 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
- § 48-7-33 - Annual accounting periods
- § 48-7-34 - Returns of corporations and nonresidents based upon books of account; application to commissioner; time; contents
- § 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
- § 48-7-36 - Tolling of time limits for filings by reason of war related service in armed forces
- § 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 paymen
- § 48-7-38 - Deduction for payments to minority subcontractors; certification as minority business enterprise
- § 48-7-39 - Depreciation of property placed in service in prior tax years
- § 48-7-40 - Designation of counties as less developed areas; tax credits for certain business enterprises
- § 48-7-40.1 - Tax credits for business enterprises in less developed areas
- § 48-7-40.10 - Tax credit for water conservation facilities and qualified water conservation investment property
- § 48-7-40.11 - Tax credit for shift from ground-water usage
- § 48-7-40.12 - Tax credit for qualified research expenses
- § 48-7-40.13 - "Business enterprise" defined; tax credit
- § 48-7-40.14 - Calculation of new full-time jobs
- § 48-7-40.15 - Alternative tax credits for base year port traffic increases; conditions and limitations
- § 48-7-40.15A - Additional job tax credit based on increase in port traffic; conditions and limitations
- § 48-7-40.16 - Income tax credits for low-emission vehicles
- § 48-7-40.17 - Establishing or relocating headquarters; tax credit
- § 48-7-40.18 - Tax credit for businesses headquartered in state; full-time jobs
- § 48-7-40.19 - Diesel particulate emission reduction technology equipment; tax credit
- § 48-7-40.2 - Tax credits for existing manufacturing and telecommunications facilities in tier 1 counties; conditions and limitations
- § 48-7-40.20 - Credit against taxes for businesses engaged in manufacturing cigarettes for exportation; amount; required information
- § 48-7-40.21 - Tax credits for existing business enterprises undergoing qualified business expansion; recapture; application of credit
- § 48-7-40.22 - Credit to business enterprises for leased motor vehicles; daily ridership; implementation
- § 48-7-40.23 - Election to count new jobs on calendar year basis
- § 48-7-40.24 - Conditions for taking job tax credit by business enterprises; calculating credit
- § 48-7-40.25 - Conditions for credit for business enterprises with existing manufacturing facilities; calculating credit
- § 48-7-40.26 - Tax credit for film, video, or digital production in state
- § 48-7-40.27 - Tax credit for qualified investments
- § 48-7-40.28 - Limitation on credit for qualified investment tax credit
- § 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
- § 48-7-40.3 - Tax credits for existing manufacturing and telecommunications facilities in tier 2 counties; conditions and limitations
- § 48-7-40.30 - (Effective January 1, 2011) Income tax credit for certain qualified investments for limited period of time
- § 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
- § 48-7-40.5 - Tax credits for employers providing approved retraining programs
- § 48-7-40.6 - Tax credits for employers providing child care
- § 48-7-40.7 - Optional tax credits for existing manufacturing and telecommunications facilities in tier 1 counties; conditions and limitations
- § 48-7-40.8 - Optional tax credits for existing manufacturing and telecommunications facilities in tier 2 counties; conditions and limitations
- § 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 li
- § 48-7-41 - Basic skills education program credits
- § 48-7-42 - Affiliated entity defined; assignment of corporate income tax credit; carryover of unused credit; joint and severable liability
- ARTICLE 3 - RETURNS AND FURNISHING OF INFORMATION
- § 48-7-50 - Persons required to file returns; filing of copies of all or part of taxpayers' federal tax returns
- § 48-7-51 - Corporation returns; contents; consolidated returns of two or more corporations; returns by receivers, trustees, and assignees; collection
- § 48-7-52 - Returns by corporations of information concerning dividend payments; oath; contents
- § 48-7-53 - Partnership returns; contents; oath; "partnership" and "partner" defined
- § 48-7-54 - Electronic filing for nonindividual taxpayers
- § 48-7-55 - Required questions on returns for individuals
- § 48-7-56 - Time and place of filing returns; extensions; tentative returns; extensions for members of armed forces; estimated returns
- § 48-7-57 - Penalty for failure to file timely return; rate; maximum; failure due to reasonable cause; reduction of tax due by partial payment, credit, or other penalty; applicability of federal ret
- § 48-7-57.1 - Filing of returns which are frivolous or desire to impede the administration of state income tax laws
- § 48-7-58 - Taxpayer activities distorting true net income; proper computation by commissioner; determination of taxable income of corporations engaging in improper activities; consideration of pote
- § 48-7-59 - Examination of federal income tax returns
- § 48-7-60 - Confidentiality of tax information; exceptions; authorized inspection by certain officials; conditions; furnishing information to local tax authorities; conditions; furnishing informatio
- § 48-7-61 - Unlawful divulging of confidential information concerning income taxes under Code Section 48-7-60; penalties
- § 48-7-62 - Contributions to be Georgia National Guard Foundation
- § 48-7-63 - Taxpayer contributions to permitted stem cell research through income tax payment and refund process
- ARTICLE 4 - PAYMENT: DEFICIENCIES, ASSESSMENT, AND COLLECTION
- § 48-7-80 - Time and place of payment of tax on basis of calendar or fiscal year
- § 48-7-81 - Interest on taxes not timely paid; rate; determination of due date; effect of tax reduction on computation of interest; assessment, collection, and payment of interest on penalties or ad
- § 48-7-82 - Periods of limitation for assessment of taxes; collection by execution; change or correction of net income
- § 48-7-83 - Action for collection of tax out of assets of dissolved corporation; procedure
- § 48-7-84 - Actions in restraint of assessment or collection of income tax
- § 48-7-85 - Authority of commissioner to prorate tax of person moving into or out of state; requirement that taxpayer prorate exemptions; applicability of Code section subject to commissioner's disc
- § 48-7-86 - Penalty for failure to pay or for underpayment of taxes; rate; reductions of tax by partial payments and credits; penalty for nonpayment after notice and demand; "underpayment" defined;
- ARTICLE 5 - CURRENT INCOME TAX PAYMENT
- § 48-7-100 - Definitions
- § 48-7-100.1 - Withholding of income tax from retirement benefits of federal annuitants
- § 48-7-101 - Collection of income tax at source; withholding
- § 48-7-102 - Withholding exemption status
- § 48-7-102.1 - Withholding exemptions; rules and regulations; submission of certificates to commissioner
- § 48-7-103 - Quarterly, monthly, and jeopardy returns; tax payments; forms
- § 48-7-104 - Period adjustments for incorrect withholdings or payments
- § 48-7-105 - Statements of wages paid and taxes withheld to employees; time; extensions
- § 48-7-106 - Annual and final returns; time; extensions; return to be filed upon sale of business; withholding unpaid withholding taxes from purchase prices; penalties for violations
- § 48-7-107 - Filing of returns; persons authorized to sign; verification; furnishing of required forms by commissioner; effect of failure to furnish forms
- § 48-7-108 - Employer's liability
- § 48-7-109 - Effect as to employer's liability of employee's payment of tax not deducted and withheld; effect on employee's income tax liability resulting from employer's failure to withhold tax
- § 48-7-109.1 - Special accounting for withheld tax by employer who fails to deduct, withhold, collect, account for, or pay over taxes as required by article
- § 48-7-110 - Effect of employer's voluntary compliance with requirements of article as to admission of doing business in state
- § 48-7-111 - Employer's records; contents; period of preservation
- § 48-7-112 - Employee refunds and credits; procedures
- § 48-7-113 - Employer refunds and credits; procedure; claim for abatement of overassessment
- § 48-7-114 - Estimated income tax by individuals; procedures
- § 48-7-115 - Time for filing estimated income tax by individuals
- § 48-7-116 - Installment payments of estimated tax by individuals
- § 48-7-117 - Estimated income tax by corporations
- § 48-7-118 - Time for filing declarations of estimated income tax by corporations
- § 48-7-119 - Installment payments of estimated tax by corporations
- § 48-7-120 - Failure by taxpayer to pay estimated income tax
- § 48-7-121 - Credit of estimated tax payment; credit or refund of estimated tax overpayment; rate of interest on refund; time
- § 48-7-122 - Nondeductibility to employer of tax deducted and withheld
- § 48-7-123 - Disregard of fractional parts of dollar in allowance of credits or refunds or in assessment or collection of deficiencies or underpayments
- § 48-7-124 - Reciprocal arrangements for relief of taxpayers from operation of income tax payment laws of more than one jurisdiction
- § 48-7-125 - Application of article to short taxable years
- § 48-7-126 - Assessable penalties and interest
- § 48-7-127 - (For effective date of repeal, see note.) Other violations of article; penalties
- § 48-7-128 - Withholding tax on sale or transfer of real property and associated tangible personal property by nonresidents
- § 48-7-129 - Withholding tax on distributions to nonresident members of partnerships, Subchapter "S" corporations, and limited liability companies
- ARTICLE 6 - LOCAL INCOME TAXES
- ARTICLE 7 - SETOFF DEBT COLLECTION
- § 48-7-160 - Purposes
- § 48-7-161 - Definitions
- § 48-7-162 - Collection remedy additional
- § 48-7-163 - Collection of debts through setoff; minimum debt; procedure; exceptions; request for setoff
- § 48-7-164 - Procedure for setoffs and notification of taxpayers; certification of debts; transfer of refunds to claimant agency; notice to taxpayers; transferred funds in escrow account; costs born
- § 48-7-165 - Hearing procedure; adjustments of incorrect debts; nonavailability of hearings before department; issues previously litigated; appeals
- § 48-7-166 - Final determination of debt due; transfer from escrow account to credit of debtor's account of debt due; notice of setoff; contents; refund of excess
- § 48-7-167 - Effect of setoff on refund
- § 48-7-168 - Priority of department over claimant agencies for collection by setoff
- § 48-7-169 - Authorization of commissioner to prescribe forms and promulgate rules and regulations
- § 48-7-170 - Confidentiality exemption; providing of necessary information by commissioner to claimant agencies; nondisclosure of information by employees or prior employees of agencies; penalties