Título 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Capítulo 12. TRUSTS · Artículo 17. GEORGIA PRINCIPAL AND INCOME ACT · Parte 5. ALLOCATION OF DISBURSEMENTS DURING ADMINISTRATION OF TRUST
53-12-454. Income taxes.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
- (a)
A tax required to be paid by a trustee based on receipts allocated to income shall be paid from income.#
- (b)
A tax required to be paid by a trustee based on receipts allocated to principal shall be paid from principal, even if the tax is called an income tax by the taxing authority.#
- (c)
A tax required to be paid by a trustee on the trust’s share of an entity’s taxable income shall be paid:#
- (1)
From income to the extent that receipts from the entity are allocated only to income;#
- (2)
From principal to the extent that receipts from the entity are allocated only to principal;#
- (3)
Proportionately from principal and income to the extent that receipts from the entity are allocated to both income and principal; and#
- (4)
From principal to the extent that the tax exceeds the total receipts from the entity.#
- (d)
After applying subsections (a) through (c) of this Code section, the trustee shall adjust income or principal receipts to the extent that its taxes are reduced because it receives a deduction for payments made to a beneficiary.#
History
Code 1981, § 53-12-454, enacted by Ga. L. 2010, p. 579, § 1/SB 131.
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t52-t53-(v40)-2021-pdf.pdf, Volumen V40, edición 2021, página 957; acción de fusión: carried; SHA-256 del archivo 062775612dfc.