Statutes, codes, and regulations
CODE OF GEORGIA
Title 48 - REVENUE AND TAXATIONChapter 8 - SALES AND USE TAXESArticle 1 - STATE SALES AND USE TAX
Part 2 - IMPOSITION, RATE, COLLECTION, AND ASSESSMENT
Section 48-8-31 - Tax computation to be carried to third decimal place; rounding

Ga. Code § 48-8-31

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Current through 2023-2024 Legislative Session Chapter 709
Section 48-8-31 - Tax computation to be carried to third decimal place; rounding

Tax computation must be carried to the third decimal place, and the tax must be rounded to a whole cent using a method that rounds up to the next cent whenever the third decimal place is greater than four.

OCGA § 48-8-31

Amended by 2010 Ga. Laws 507,§ 8, eff. 7/1/2011.