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How is net worth tax determined on a corporation incorporated in Georgia that does business both inside and outside the state?

April 26, 2017Business corporation Georgia incorporated NET outside tax worth

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How is net worth tax determined on a corporation incorporated in Georgia that does business both inside and outside the state?

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• A Georgia corporation or a domesticated foreign corporation is liable for net worth tax on 100% of the taxable net worth. For corporations incorporated in states other than Georgia, a ratio is computed using property and gross receipts within Georgia and the total everywhere.