---
title: O.C.G.A. § 48-6-96. Exemptions, credits, and deductions from taxation of depository financial institutions filing consolidated returns with parent organization.
collection: code
id: 48-6-96
cite_as: O.C.G.A. § 48-6-96 (2025)
canonical_url: https://georgiacommons.org/code/48-6-96
md_url: https://georgiacommons.org/code/48-6-96.md
text_url: https://georgiacommons.org/code/48-6-96/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t48-ch1-6-(v36)-2024-pdf.pdf?sfvrsn=2edc88a7_0#page=975
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/48-6.md
previous: https://georgiacommons.org/code/48-6-95.md
next: https://georgiacommons.org/code/48-6-97.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: REVENUE AND TAXATION / TAXATION OF INTANGIBLES / TAXATION OF FINANCIAL INSTITUTIONS
---

# O.C.G.A. § 48-6-96. Exemptions, credits, and deductions from taxation of depository financial institutions filing consolidated returns with parent organization.

No depository financial institution shall be deprived of the benefit of any exemption, deduction, or credit authorized by law as a consequence of its election to file otherwise lawful consolidated returns with its parent organization or any corporate subsidiaries with respect to any state or local tax levied against such depository financial institution.

## History

Code 1981, § 48-6-96, enacted by Ga. L. 1983, p. 1350, § 10.