Georgia Commons

Official Code of Georgia Annotated

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.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. 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:

  2. The following percentages of

  3. the estimated tax shall be paid

  4. on the fifteenth day of the:

  5. fourth sixth ninth twelfth

  6. month month month month

  7. of the of the of the of the

  8. taxable taxable taxable taxable

  9. year year year year

  10. Before the first day of 25 25 25 25

  11. the fourth month of the

  12. taxable year

  13. After the last day of the 33 1/3 33 1/3 33 1/3

  14. third month and before

  15. the first day of the

  16. sixth month of the tax-

  17. able year

  18. After the last day of the 50 50

  19. fifth month and before

  20. the first day of the

  21. ninth month of the tax-

  22. able year

  23. After the last day of the 100

  24. eighth month and be-

  25. fore the first day of the

  26. twelfth month of the

  27. 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.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

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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