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Is a disregarded single member LLC subject to the Georgia net worth tax?

April 26, 2017disregarded Georgia LLC NET Subject tax worth

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Is a disregarded single member LLC subject to the Georgia net worth tax?

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• No. The single member LLC is not subject to the Georgia net worth tax. However, if the owner of the single member LLC is a corporation, the corporation is subject to the Georgia net worth tax if the single member LLC does businessor owns property in Georgia.