GA Code § 48-13-71 - Organizations and Companies Exempt From Corporate Net Worth Tax.

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.

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