Georgia Code, Title 48, Chapter 7, Article 5 - Current Income Tax Payment

• § 48-7-100 - Definitions
  As used in this article, the term: (1) "Calendar quarter" means a period of three calendar months ending on March 31, June 30, September...
• § 48-7-100.1 - Withholding of Income Tax From Retirement Benefits of Federal Annuitants
  The commissioner shall, not later than July 1, 1996, enter into an agreement with the federal Office of Personnel Management pursuant to 5 U.S.C....
• § 48-7-101 - Collection of Income Tax At Source; Withholding
  (a) Wages subject to withholding. The amount of wages subject to withholding shall be the amount of each wage payment less the total withholding...
• § 48-7-102 - Withholding Exemption Status
  (a)(1) A zero exemption status shall apply to any employee receiving wages who, on the withholding exemption certificate required under subsection (c) of this...
• § 48-7-102.1 - Withholding Exemptions; Rules and Regulations; Submission of Certificates to Commissioner
  (a) The commissioner shall have the power to make and publish reasonable rules and regulations: (1) Setting forth circumstances under which an employer shall...
• § 48-7-103 - Quarterly, Monthly, and Jeopardy Returns; Tax Payments; Forms
  (a) Every employer whose tax withheld or required to be withheld is $200.00 or less per month is required to file and remit payment...
• § 48-7-104 - Period Adjustments for Incorrect Withholdings or Payments
  (a) In general. If for any reason during any period of the calendar year more or less than the correct amount of the tax...
• § 48-7-105 - Statements of Wages Paid and Taxes Withheld to Employees; Time; Extensions
  (a) Not later than January 31 in each year and at such other dates as required by the commissioner, each person required to withhold...
• § 48-7-106 - Annual and Final Returns; Time; Extensions; Return to Be Filed Upon Sale of Business; Withholding Unpaid Withholding Taxes From Purchase Prices; Penalties for Violations
  (a) On or before February 28 of each year for the preceding calendar year or on or before the thirtieth day after the date...
• § 48-7-107 - Filing of Returns; Persons Authorized to Sign; Verification; Furnishing of Required Forms by Commissioner; Effect of Failure to Furnish Forms
  (a) Each return shall be signed by or for the employer required to deduct and withhold the tax under this article and shall contain...
• § 48-7-108 - Employer's Liability
  (a) In general. The employer shall be liable for the payment of the tax required to be deducted and withheld under this article whether...
• § 48-7-109 - Effect As to Employer's Liability of Employee's Payment of Tax Not Deducted and Withheld; Effect on Employee's Income Tax Liability Resulting From Employer's Failure to Withhold Tax
  (a) If the employer fails to deduct and withhold the required tax in violation of this article and thereafter the income tax liability of...
• § 48-7-109.1 - Special Accounting for Withheld Tax by Employer Who Fails to Deduct, Withhold, Collect, Account For, or Pay Over Taxes As Required by Article
  (a) Whenever an employer required to deduct and withhold taxes as required under this article fails, at the time and in the manner prescribed...
• § 48-7-110 - Effect of Employer's Voluntary Compliance With Requirements of Article As to Admission of Doing Business in State
  The fact of an employer's voluntary compliance with the requirements of this article shall not of itself constitute any admission that the employer is...
• § 48-7-111 - Employer's Records; Contents; Period of Preservation
  (a) Each employer required to deduct and withhold taxes under this article shall keep accurate records of all remuneration paid to his employees, including,...
• § 48-7-112 - Employee Refunds and Credits; Procedures
  (a) Credit. The amount of tax deducted or withheld during any calendar year with respect to an employee shall be allowed as a credit...
• § 48-7-113 - Employer Refunds and Credits; Procedure; Claim for Abatement of Overassessment
  If more than the correct amount of tax, penalty, or interest is paid to the commissioner by an employer, the employer may file a...
• § 48-7-114 - Estimated Income Tax by Individuals; Procedures
  (a) "Estimated tax" defined. For purposes of this Code section, the term "estimated tax" means the amount which the individual estimates as the amount...
• § 48-7-115 - Time for Filing Estimated Income Tax by Individuals
  (a) In general. Estimated tax required by Code Section 48-7-114 from an individual not regarded as a farmer or fisherman shall be filed with...
• § 48-7-116 - Installment Payments of Estimated Tax by Individuals
  (a) In general. The amount of estimated tax required to be paid by an individual shall be paid as follows: (1) If the estimate...
• § 48-7-117 - Estimated Income Tax by Corporations
  (a) "Estimated tax" defined. For purposes of this Code section, the term "estimated tax" means the amount which the corporation estimates as the amount...
• § 48-7-118 - Time for Filing Declarations of Estimated Income Tax by Corporations
  Reserved. Repealed by Ga. L. 1988, p. 1380, § 4, effective April 11, 1988.Title NoteChapter NoteArticle Note
• § 48-7-119 - Installment Payments of Estimated Tax by Corporations
  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...
• § 48-7-120 - Failure by Taxpayer to Pay Estimated Income Tax
  (a) Addition to the tax. In case of any underpayment of estimated tax by a taxpayer, except as provided in subsection (d) of this...
• § 48-7-121 - Credit of Estimated Tax Payment; Credit or Refund of Estimated Tax Overpayment; Rate of Interest on Refund; Time
  (a) As used in this Code section, the term: (1) "Final return" means the original income tax return filed by the taxpayer for the...
• § 48-7-122 - Nondeductibility to Employer of Tax Deducted and Withheld
  The tax deducted and withheld under this article shall not be allowed as a deduction to the employer.
• § 48-7-123 - Disregard of Fractional Parts of Dollar in Allowance of Credits or Refunds or in Assessment or Collection of Deficiencies or Underpayments
  The commissioner may disregard a fractional part of a dollar in the allowance of any amount as a credit or refund or in the...
• § 48-7-124 - Reciprocal Arrangements for Relief of Taxpayers From Operation of Income Tax Payment Laws of More Than One Jurisdiction
  In the administration and enforcement of this article with respect to a taxpayer whose income may be subject to the current income tax payment...
• § 48-7-125 - Application of Article to Short Taxable Years
  The application of this article to taxable years of less than 12 months shall be in accordance with regulations prescribed by the commissioner.
• § 48-7-126 - Assessable Penalties and Interest
  (a) Assessable as tax. The liabilities specified in this Code section shall be paid upon notice and demand by the commissioner and shall be...
• § 48-7-127 - Other Violations of Article; Penalties
  (a) Willful failure to withhold tax. (1) It shall be unlawful for any person who is required to deduct and withhold the tax imposed...
• § 48-7-128 - Withholding Tax on Sale or Transfer of Real Property and Associated Tangible Personal Property by Nonresidents
  (a) As used in this Code section, the term "nonresident of Georgia" shall include individuals, trusts, partnerships, corporations, and unincorporated organizations. Any seller or...
• § 48-7-129 - Withholding Tax on Distributions to Nonresident Members of Partnerships, Subchapter "S" Corporations, and Limited Liability Companies
  (a) (1) Any partnership, Subchapter "S" corporation, or limited liability company which owns property or does business within this state shall be subject to...

Last modified: October 14, 2016