Section 48-13-71 - Organizations and companies exempt from corporate net worth tax

The following are exempt from the payment of the tax imposed by this article:(1) Those organizations not organized for pecuniary gain or profit;(2) Insurance companies which are separately taxed; and(3) Those corporations having a net worth, including capital stock, paid-in surplus, and earned surplus, of no more than $100,000.00.Amended by 2017 Ga. Laws 241,§ 2-1, eff. 1/1/2018.