Georgia Code
Article 2 - Imposition, Rate, Computation, Exemptions, and Credits
§ 48-7-28.1. Tax Repayments and Benefits

Georgia Code

Title 48 - Revenue and Taxation

Chapter 7 - Income Taxes

Article 2 - Imposition, Rate, Computation, Exemptions, and Credits

§ 48-7-20. [Effective Until January 1, 2024. See note.] Individual Tax Rates; Credit for Withholding and Other Payments; Applicability to Estates and Trusts

§ 48-7-20. [Effective January 1, 2024. See note.] Individual Tax Rates; Credit for Withholding and Other Payments; Applicability to Estates and Trusts

§ 48-7-20.1. One-Time Tax Rebates for Qualified Taxpayers

§ 48-7-21. Taxation of Corporations

§ 48-7-21.1. Compensation Paid by Taxpayer Disallowed as Business Expense; Applicability

§ 48-7-22. Taxation of Fiduciaries; Rate; Taxable Net Income of Estate or Trust; Exemptions; Computation of Net Income; Determination of Taxable Year; Tax as Charge Against Estate or Trust

§ 48-7-23. Taxation of Partnerships; Computation of Net Income; Disallowance of Charitable Contributions; Individual Liability of Partners; Individual Returns of Distributive Shares; Taxable Years; Elections

§ 48-7-24. Nonresident Members of Resident Partnerships; Resident Members of Nonresident Partnerships; Profits; Distributive Shares; Taxability; Applicability

§ 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 Payme...

§ 48-7-26. [Effective Until January 1, 2024. See note.] Personal Exemptions

§ 48-7-26. [Effective January 1, 2024. See note.] Personal Exemptions

§ 48-7-27. [Effective Until January 1, 2024. See note.] Computation of Taxable Net Income

§ 48-7-27. [Effective January 1, 2024. See note.] Computation of Taxable Net Income

§ 48-7-28. Reciprocity

§ 48-7-28.1. Tax Repayments and Benefits

§ 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. Tax Credits for Retrofitting Certain Single-Family Homes With Accessibility Features

§ 48-7-29.2. Tax Credits for Qualified Caregiving Expenses

§ 48-7-29.4. Tax Credits for Disaster Assistance Funds Received

§ 48-7-29.6. Tax Credits for Qualified Low-Income Buildings

§ 48-7-29.7. Tax Credits for Depository Financial Institutions

§ 48-7-29.9. Tax Credits for Qualified Life Insurance Premiums for National Guard and Air National Guard Members

§ 48-7-29.10. Tax Credits for Qualified Child and Dependent Care Expenses

§ 48-7-29.11. Tax Credits for Certain Teleworking Expenses

§ 48-7-29.12. Tax Credits for Qualified Donation of Real Property

§ 48-7-29.13. Tax Credits for Qualified Health Insurance Expenses

§ 48-7-29.14. Tax Credits for Clean Energy Property

§ 48-7-29.15. Tax Credits for the Adoption of Foster Children

§ 48-7-29.16. [Effective Until January 1, 2023. See note.] Tax Credits for Contributions to Student Scholarship Organizations

§ 48-7-29.16. [Effective January 1, 2023. See note.] Tax Credits for Contributions to Student Scholarship Organizations

§ 48-7-29.17. Tax Credit for the Purchase of One Eligible Single-Family Residence

§ 48-7-29.18. Tax Credits for Purchasers of Alternative Fuel Heavy Duty and Medium Duty Vehicles

§ 48-7-29.19. Procedures, Conditions, and Limitations on Amount of Tax Credits for Purchasers of Alternative Fuel Heavy-Duty and Medium-Duty Vehicles

§ 48-7-29.20. [Effective Until January 1, 2023. See note.] Tax Credits for Contributions to Rural Hospital Organizations

§ 48-7-29.23. Tax Credits for Teachers in the Teacher Recruitment and Retention Program

§ 48-7-29.24. Tax Credits for Contributions to Foster Child Support Organizations

§ 48-7-29.25. Tax Credits for Contributions to Law Enforcement Foundations

§ 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

§ 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 Payments

§ 48-7-38. Deduction for Payments to Minority Subcontractors; Certification as Minority Subcontractor

§ 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

§ 48-7-40.1A. Additional Job Tax Credits for Manufacturers of Personal Protective Equipment

§ 48-7-40.1B. Tax Credit for Jobs Created by Manufacturers of Medical Equipment, Medical Supplies, Pharmaceuticals, or Medicine

§ 48-7-40.2. Tax Credits for Existing Manufacturing and Telecommunications Facilities in Tier 1 Counties

§ 48-7-40.3. Tax Credits for Existing Manufacturing and Telecommunications Facilities in Tier 2 Counties

§ 48-7-40.4. Tax Credits for Existing Manufacturing and Telecommunications Facilities or Manufacturing and Telecommunications Support Facilities in Tier 3 or 4 Counties

§ 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

§ 48-7-40.8. Optional Tax Credits for Existing Manufacturing and Telecommunications Facilities in Tier 2 Counties

§ 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

§ 48-7-40.12. Tax Credits for Qualified Research Expenses

§ 48-7-40.14. Calculation of New Full-Time Jobs

§ 48-7-40.15. Alternative Tax Credits for Base Year Port Traffic Increases

§ 48-7-40.15A. Increased Job Tax Credit Based on Increase in Port Traffic

§ 48-7-40.16. Tax Credits for Alternative Fuel, Low-Emission and Zero-Emission Vehicles, and Electric Vehicle Chargers

§ 48-7-40.17. Tax Credits for Establishing or Relocating Quality Jobs

§ 48-7-40.18. Tax Credits for Businesses Headquartered in State; Full-Time Jobs

§ 48-7-40.20. Tax Credits 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. Tax Credits for 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. Tax Credits for Jobs Associated With Large-Scale Projects

§ 48-7-40.25. Tax Credits for Investment in Expanding Existing Manufacturing Facilities; Enhancements for High-Impact Aerospace Defense Projects

§ 48-7-40.26. Tax Credits for Film, Gaming, Video, or Digital Production

§ 48-7-40.26A. Tax Credits for Postproduction Expenditures

§ 48-7-40.27. Tax Credits for Qualified Investments in a Research Fund

§ 48-7-40.28. Limitation on the Aggregate Amount of Tax Credits Allowed for Qualified Investments in a Research Fund

§ 48-7-40.29. [For Effective Date, See note.] Tax Credits for Certain Qualified Equipment That Reduces Business or Domestic Energy or Water Usage

§ 48-7-40.30. Tax Credits for Certain Qualified Investments for Limited Period of Time

§ 48-7-40.31. Tax Credits for Employing Qualified Parolees

§ 48-7-40.32. Revitalization Zone Tax Credits

§ 48-7-40.35. Tax Credits for Qualified Employers; Conditions and Limitations to Credit; Requirements for Being Qualified Employer

§ 48-7-40.36. Tax Credits for Timber Producers Incurring Losses From Hurricane Michael

§ 48-7-41. Basic Skills Education Program Credits

§ 48-7-42. Affiliated Entities; Assignment of Corporate Income Tax Credits; Carryover of Unused Credits; Joint and Severable Liability