GA Code § 48-13-73 - Amount of Corporate Net Worth Tax; Amount for Taxable Period Less Than Six Months.

Section 48-13-73 - Amount of Corporate Net Worth Tax; Amount for Taxable Period Less Than Six Months.Section 48-13-73 - Amount of Corporate Net Worth Tax; Amount for Taxable Period Less Than Six Months.

Section 48-13-72 - Imposition of Annual Corporate Net Worth Tax on All Corporations Doing Business or Owning Property in State.Section 48-13-74 - Determination of Net Worth of Corporation; Determination by Commissioner Absent Disclosure of True Net Worth on Corporation’s Books or Return.

(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.

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.

Disclaimer. This may not be the most current version of this information. Users should consult official sources to verify information on this site is recent and current. Marble does not warrant or represent the accuracy, completeness or reliability of the information contained on this site.