Georgia Code
Article 5 - Current Income Tax Payment
§ 48-7-128. Withholding Tax on Sale or Transfer of Real Property and Associated Tangible Personal Property by Nonresidents

The commissioner may by regulation set a purchase price amount below which no withholding is required.
History. Code 1981, § 48-7-128 , enacted by Ga. L. 1993, p. 768, § 2; Ga. L. 2011, p. 674, § 2-1/HB 117.
Code Commission notes.
Pursuant to Code Section 28-9-5, in 1993, the Code Section 48-7-128 enacted by Ga. L. 1993, p. 597, § 3, was redesignated as Code Section 48-7-129, since Ga. L. 1993, p. 768, § 2, also enacted a Code Section 48-7-128.
Editor’s notes.
Ga. L. 1993, p. 768, § 3, not codified by the General Assembly, makes this Code section applicable with respect to any sale or transfer occurring on or after January 1, 1994.
Administrative rules and regulations.
Returns and collections, Official Compilation of the Rules and Regulations of the State of Georgia, Department of Revenue, Income Tax Division, Subject 560-7-8.
Law reviews.
For note on the 1993 enactment of this Code section, see 10 Georgia St. U.L. Rev. 218 (1993).

Structure Georgia Code