Title 48. REVENUE AND TAXATION · Chapter 7. INCOME TAXES · Article 5. CURRENT INCOME TAX PAYMENT
48-7-119. Installment payments of estimated tax by corporations.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
If the requirements of Code Section 48-7-117 are first met as shown in the left-hand column of the following table, then the estimated tax shall be due as shown in the remaining columns:
The following percentages of
the estimated tax shall be paid
on the fifteenth day of the:
fourth sixth ninth twelfth
month month month month
of the of the of the of the
taxable taxable taxable taxable
year year year year
Before the first day of 25 25 25 25
the fourth month of the
taxable year
After the last day of the 33 1/3 33 1/3 33 1/3
third month and before
the first day of the
sixth month of the tax-
able year
After the last day of the 50 50
fifth month and before
the first day of the
ninth month of the tax-
able year
After the last day of the 100
eighth month and be-
fore the first day of the
twelfth month of the
taxable year
Reading note: the printed indentation of one or more subsections was ambiguous, so their nesting is the extractor's best reading. The official page linked below settles any doubt.
History
Ga. L. 1963, p. 18, § 3; Code 1933, § 91A-3920, enacted by Ga. L. 1978, p. 309, § 2; Ga. L. 1988, p. 1380, § 4; Ga. L. 1989, p. 1110, § 1.
Editor's notes
Ga. L. 1989, p. 1110, § 2, not codified by the General Assembly, provides that the amendments to this Code section by the Act shall apply to taxable years beginning on or after January 1 of the calendar year in which the Act takes effect.
Read the official page (the state's PDF, opened at the page this text was read from).
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t48-ch7-8-(v37)-2024-pdf.pdf, Volume V37, 2024 edition, pages 600 to 601; merge action: carried; file SHA-256 94ae5e1b204a.
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