Ga. Code § 48-13-71

Current through 2023-2024 Legislative Session Chapter 709

Section 48-13-71 - Organizations and companies exempt from corporate net worth tax

The following are exempt from the payment of the tax imposed by this article:

(1) Those organizations not organized for pecuniary gain or profit;

(2) Insurance companies which are separately taxed; and

(3) Those corporations having a net worth, including capital stock, paid-in surplus, and earned surplus, of no more than $100,000.00.

OCGA § 48-13-71

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