---
title: O.C.G.A. § 48-7-51. Corporation returns; contents; consolidated returns of two or more corporations; returns by receivers, trustees, and assignees; collection.
collection: code
id: 48-7-51
cite_as: O.C.G.A. § 48-7-51 (2025)
canonical_url: https://georgiacommons.org/code/48-7-51
md_url: https://georgiacommons.org/code/48-7-51.md
text_url: https://georgiacommons.org/code/48-7-51/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t48-ch7-8-(v37)-2024-pdf.pdf?sfvrsn=1ff964a3_0#page=531
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/48-7.md
previous: https://georgiacommons.org/code/48-7-50.md
next: https://georgiacommons.org/code/48-7-52.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 / INCOME TAXES / RETURNS AND FURNISHING OF INFORMATION
---

# O.C.G.A. § 48-7-51. Corporation returns; contents; consolidated returns of two or more corporations; returns by receivers, trustees, and assignees; collection.

Every corporation subject to taxation under this chapter shall make a return stating specifically the items of its gross income and the deductions and credits allowed by this chapter. The income of two or more corporations shall not be included in a single return except pursuant to an election made under Code Section 48-7-21 or with the express consent of the commissioner. When a receiver, trustee in bankruptcy, or assignee is operating the property or business of a corporation, the receiver, trustee, or assignee shall make returns for the corporation in the same manner and form as the corporation is required to make returns. Any tax due on the basis of returns made by a receiver, trustee, or assignee shall be collected in the same manner as if collected from the corporation of whose business or property he or she has custody and control.

## History

Ga. L. 1931, Ex. Sess., p. 24, § 25; Code 1933, § 92-3202; Ga. L. 1941, p. 210, § 9; Ga. L. 1943, p. 109, § 1; Code 1933, § 91A-3702, enacted by Ga. L. 1978, p. 309, § 2; Ga. L. 2022, p. 571, § 2/HB 1058.

## Editor's Notes

Ga. L. 2022, p. 571, § 3/HB 1058, not codified by the General Assembly, makes this Code section applicable to taxable years beginning on or after January 1, 2023.

## Amendments

The 2022 amendment, effective May 5, 2022, inserted “pursuant to an election made under Code Section 48-7-21 or” in the second sentence. See Editor’s notes for applicability.