Ga. Code § 48-13-73

Current through 2023-2024 Legislative Session Chapters 1-496, 504, 505, 514, 516-545, 549, 550, 566, 570, 571, 578, 580, 586, 590-592, 594, 595, 604, 609, 612, 696, 697

Section 48-13-73 - Amount of corporate net worth tax; amount for taxable period less than six months

(a) The tax imposed by this article shall be based upon corporate net worth according to the following table:

Corporations with Net Worth	Amount
Including Issued Capital Stock,	of
Paid-in Surplus, and Earned Surplus	Tax
Over $100,000.00 and not exceeding $150,000.00..............	$ 125.00
Over $150,000.00 and not exceeding $200,000.00..............	150.00
Over $200,000.00 and not exceeding $300,000.00..............	200.00
Over $300,000.00 and not exceeding $500,000.00..............	250.00
Over $500,000.00 and not exceeding $750,000.00..............	300.00
Over $750,000.00 and not exceeding $1,000,000.00..............	500.00
Over $1,000,000.00 and not exceeding $2,000,000.00..............	750.00
Over $2,000,000.00 and not exceeding $4,000,000.00..............	1,000.00
Over $4,000,000.00 and not exceeding $6,000,000.00..............	1,250.00
Over $6,000,000.00 and not exceeding $8,000,000.00..............	1,500.00
Over $8,000,000.00 and not exceeding $10,000,000.00..............	1,750.00
Over $10,000,000.00 and not exceeding $12,000,000.00..............	2,000.00
Over $12,000,000.00 and not exceeding $14,000,000.00..............	2,500.00
Over $14,000,000.00 and not exceeding $16,000,000.00..............	3,000.00
Over $16,000,000.00 and not exceeding $18,000,000.00..............	3,500.00
Over $18,000,000.00 and not exceeding $20,000,000.00..............	4,000.00
Over $20,000,000.00 and not exceeding $22,000,000.00..............	4,500.00
Over $22,000,000.00..............	5,000.00

(b) With respect to any corporation coming into existence or becoming subject to the tax for the first time for an initial taxable period of less than six months, the tax imposed for such period shall be 50 percent of the tax imposed by this article for an entire year.

OCGA § 48-13-73

Amended by 2017 Ga. Laws 241,§ 2-3, eff. 1/1/2018.