Navigating Georgia's Net Worth Tax: A Comprehensive Guide for Corporations
Georgia’s Net Worth Tax: A Guide for Corporations Georgia has a unique tax, the Net Worth Tax, levied on corporations based on their net worth. Key Considerations for Georgia’s Net Worth Tax The tax is calculated using a graduated scale: 0.05% for net worth up to $500,000 0.07% for net worth exceeding $500,000 Companies with a net worth over $50,000 must pay this tax, with a maximum liability of $5,000....