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03 LC 18 2013
House Bill 2
By: Representatives Franklin of the 17th, Joyce of the 2nd, Massey of the 24th, Douglas of the 73rd and White of the 3rd, Post 2
By: Representatives Franklin of the 17th, Joyce of the 2nd, Massey of the 24th, Douglas of the 73rd and White of the 3rd, Post 2
A BILL TO BE
ENTITLED
AN ACT
AN ACT
To amend Chapter 7 of Title 48 of the Official Code of
Georgia Annotated, relating to income taxes, so as to provide for a gradual
reduction in the state income tax rate for individuals, fiduciaries,
partnerships, and corporations over a period of years; to abolish the state
income tax effective for tax years beginning on and after January 1, 2021; to
provide for the collection of income taxes prior to such abolishment; to change
certain tax tables used for computing such tax; to provide for a short title; to
provide for an effective date; to repeal conflicting laws; and for other
purposes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION 1.
This Act shall be known and may be cited as the "Pro_family
Tax Equity Act of 2003."
SECTION 2.
Chapter 7 of Title 48 of the Official Code of Georgia
Annotated, relating to income taxes, is amended by striking in its entirety
paragraph (1) of subsection (b) of Code Section 48_7_20, relating to the income
tax rate for individuals, and inserting in lieu thereof a new paragraph (1) to
read as
follows:
"(b)(1) The tax imposed pursuant to subsection (a) of this Code section shall be computed in accordance with the following tables:
(A) For the taxable years beginning on or after January 1, 2003, and prior to January 1, 2004:
"(b)(1) The tax imposed pursuant to subsection (a) of this Code section shall be computed in accordance with the following tables:
(A) For the taxable years beginning on or after January 1, 2003, and prior to January 1, 2004:
SINGLE PERSON
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $750.00 1%
Over $750.00 but not over $2,250.00 $7.50 plus 2% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 3% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 4% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 5% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 6% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $750.00 1%
Over $750.00 but not over $2,250.00 $7.50 plus 2% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 3% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 4% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 5% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 6% of
amount over $7,000.00
MARRIED PERSON FILING A SEPARATE
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $500.00 1%
Over $500.00 but not over $1,500.00 $5.00 plus 2% of
amount over $500.00
Over $1,500.00 but not over $2,500.00 $25.00 plus 3% of
amount over $1,500.00
Over $2,500.00 but not over $3,500.00 $55.00 plus 4% of
amount over $2,500.00
Over $3,500.00 but not over $5,000.00 $95.00 plus 5% of
amount over $3,500.00
Over $5,000.00 $170.00 plus 6% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $500.00 1%
Over $500.00 but not over $1,500.00 $5.00 plus 2% of
amount over $500.00
Over $1,500.00 but not over $2,500.00 $25.00 plus 3% of
amount over $1,500.00
Over $2,500.00 but not over $3,500.00 $55.00 plus 4% of
amount over $2,500.00
Over $3,500.00 but not over $5,000.00 $95.00 plus 5% of
amount over $3,500.00
Over $5,000.00 $170.00 plus 6% of
amount over $5,000.00
HEAD OF HOUSEHOLD AND MARRIED PERSONS
FILING A JOINT RETURN
FILING A JOINT RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,000.00 1%
Over $1,000.00 but not over $3,000.00 $10.00 plus 2% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 3% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 4% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 5% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 6% of
amount over $10,000.00
(B) For the taxable year beginning on or after January 1, 2004, and prior to January 1, 2005:
Net Income Is: The Tax Is:
Not over $1,000.00 1%
Over $1,000.00 but not over $3,000.00 $10.00 plus 2% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 3% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 4% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 5% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 6% of
amount over $10,000.00
(B) For the taxable year beginning on or after January 1, 2004, and prior to January 1, 2005:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $750.00 .6%
Over $750.00 but not over $2,250.00 $7.50 plus 1.6% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 2.6% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 3.6% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 4.6% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 5.6% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $750.00 .6%
Over $750.00 but not over $2,250.00 $7.50 plus 1.6% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 2.6% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 3.6% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 4.6% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 5.6% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,500.00 .6%
Over $1,500.00 but not over $4,500.00 $5.00 plus 1.6% of
amount over $500.00
Over $4,500.00 but not over $7,500.00 $25.00 plus 2.6% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 3.6% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 4.6% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 5.6% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $1,500.00 .6%
Over $1,500.00 but not over $4,500.00 $5.00 plus 1.6% of
amount over $500.00
Over $4,500.00 but not over $7,500.00 $25.00 plus 2.6% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 3.6% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 4.6% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 5.6% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,000.00 .6%
Over $1,000.00 but not over $3,000.00 $10.00 plus 1.6% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 2.6% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 3.6% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 4.6% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 5.6% of
amount over $10,000.00
(C) For the taxable year beginning on or after January 1, 2005, and prior to January 1, 2006:
Net Income Is: The Tax Is:
Not over $1,000.00 .6%
Over $1,000.00 but not over $3,000.00 $10.00 plus 1.6% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 2.6% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 3.6% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 4.6% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 5.6% of
amount over $10,000.00
(C) For the taxable year beginning on or after January 1, 2005, and prior to January 1, 2006:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $750.00 .3%
Over $750.00 but not over $2,250.00 $7.50 plus 1.3% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 2.3% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 3.3% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 4.3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 5.3% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $750.00 .3%
Over $750.00 but not over $2,250.00 $7.50 plus 1.3% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 2.3% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 3.3% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 4.3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 5.3% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,500.00 .3%
Over $1,500.00 but not over $4,500.00 $5.00 plus 1.3% of
amount over $500.00
Over $4,500.00 but not over $7,500.00 $25.00 plus 2.3% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 3.3% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 4.3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 5.3% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $1,500.00 .3%
Over $1,500.00 but not over $4,500.00 $5.00 plus 1.3% of
amount over $500.00
Over $4,500.00 but not over $7,500.00 $25.00 plus 2.3% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 3.3% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 4.3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 5.3% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,000.00 .3%
Over $1,000.00 but not over $3,000.00 $10.00 plus 1.3% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 2.3% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 3.3% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 4.3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 5.3% of
amount over $10,000.00
(D) For the taxable year beginning on or after January 1, 2006, and prior to January 1, 2007:
Net Income Is: The Tax Is:
Not over $1,000.00 .3%
Over $1,000.00 but not over $3,000.00 $10.00 plus 1.3% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 2.3% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 3.3% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 4.3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 5.3% of
amount over $10,000.00
(D) For the taxable year beginning on or after January 1, 2006, and prior to January 1, 2007:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $750.00 0%
Over $750.00 but not over $2,250.00 $7.50 plus 1% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 2% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 3% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 4% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 5% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $750.00 0%
Over $750.00 but not over $2,250.00 $7.50 plus 1% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 2% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 3% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 4% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 5% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,500.00 0%
Over $1,500.00 but not over $4,500.00 $5.00 plus 1% of
amount over $500.00
Over $4,500.00 but not over $7,500.00 $25.00 plus 2% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 3% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 4% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 5% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $1,500.00 0%
Over $1,500.00 but not over $4,500.00 $5.00 plus 1% of
amount over $500.00
Over $4,500.00 but not over $7,500.00 $25.00 plus 2% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 3% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 4% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 5% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,000.00 0%
Over $1,000.00 but not over $3,000.00 $10.00 plus 1% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 2% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 3% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 4% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 5% of
amount over $10,000.00
(E) For the taxable year beginning on or after January 1, 2007, and prior to January 1, 2008:
Net Income Is: The Tax Is:
Not over $1,000.00 0%
Over $1,000.00 but not over $3,000.00 $10.00 plus 1% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 2% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 3% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 4% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 5% of
amount over $10,000.00
(E) For the taxable year beginning on or after January 1, 2007, and prior to January 1, 2008:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $750.00 0%
Over $750.00 but not over $2,250.00 $7.50 plus .6% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 1.6% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 2.6% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 3.6% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 4.6% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $750.00 0%
Over $750.00 but not over $2,250.00 $7.50 plus .6% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 1.6% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 2.6% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 3.6% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 4.6% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,500.00 0%
Over $1,500.00 but not over $4,500.00 $5.00 plus .6% of
amount over $500.00
Over $4,500.00 but not over $7,500.00 $25.00 plus 1.6% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 2.6% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 3.6% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 4.6% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $1,500.00 0%
Over $1,500.00 but not over $4,500.00 $5.00 plus .6% of
amount over $500.00
Over $4,500.00 but not over $7,500.00 $25.00 plus 1.6% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 2.6% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 3.6% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 4.6% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,000.00 0%
Over $1,000.00 but not over $3,000.00 $10.00 plus .6% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 1.6% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 2.6% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 3.6% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 4.6% of
amount over $10,000.00
(F) For the taxable year beginning on or after January 1, 2008, and prior to January 1, 2009:
Net Income Is: The Tax Is:
Not over $1,000.00 0%
Over $1,000.00 but not over $3,000.00 $10.00 plus .6% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 1.6% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 2.6% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 3.6% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 4.6% of
amount over $10,000.00
(F) For the taxable year beginning on or after January 1, 2008, and prior to January 1, 2009:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $750.00 0%
Over $750.00 but not over $2,250.00 $7.50 plus .3% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 1.3% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 2.3% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 3.3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 4.3% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $750.00 0%
Over $750.00 but not over $2,250.00 $7.50 plus .3% of
amount over $750.00
Over $2,250.00 but not over $3,750.00 $37.50 plus 1.3% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 2.3% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 3.3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 4.3% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,500.00 0%
Over $1,500.00 but not over $4,500.00 $5.00 plus .3% of
amount over $500.00
Over $4,500.00 but not over $7,500.00 $25.00 plus 1.3% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 2.3% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 3.3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 4.3% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $1,500.00 0%
Over $1,500.00 but not over $4,500.00 $5.00 plus .3% of
amount over $500.00
Over $4,500.00 but not over $7,500.00 $25.00 plus 1.3% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 2.3% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 3.3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 4.3% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $1,000.00 0%
Over $1,000.00 but not over $3,000.00 $10.00 plus .3% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 1.3% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 2.3% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 3.3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 4.3% of
amount over $10,000.00
(G) For the taxable year beginning on or after January 1, 2009, and prior to January 1, 2010:
Net Income Is: The Tax Is:
Not over $1,000.00 0%
Over $1,000.00 but not over $3,000.00 $10.00 plus .3% of
amount over $1,000.00
Over $3,000.00 but not over $5,000.00 $50.00 plus 1.3% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 2.3% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 3.3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 4.3% of
amount over $10,000.00
(G) For the taxable year beginning on or after January 1, 2009, and prior to January 1, 2010:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $2,250.00 0%
Over $2,250.00 but not over $3,750.00 $37.50 plus 1% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 2% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 4% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $2,250.00 0%
Over $2,250.00 but not over $3,750.00 $37.50 plus 1% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 2% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 4% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $4,500.00 0%
Over $4,500.00 but not over $7,500.00 $25.00 plus 1% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 2% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 4% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $4,500.00 0%
Over $4,500.00 but not over $7,500.00 $25.00 plus 1% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 2% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 4% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $3,000.00 0%
Over $3,000.00 but not over $5,000.00 $50.00 plus 1% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 2% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 4% of
amount over $10,000.00
(H) For the taxable year beginning on or after January 1, 2010, and prior to January 1, 2011:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
Net Income Is: The Tax Is:
Not over $3,000.00 0%
Over $3,000.00 but not over $5,000.00 $50.00 plus 1% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 2% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 4% of
amount over $10,000.00
(H) For the taxable year beginning on or after January 1, 2010, and prior to January 1, 2011:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $2,250.00 0%
Over $2,250.00 but not over $3,750.00 $37.50 plus .6% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 1.6% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 2.6% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 3.6% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $2,250.00 0%
Over $2,250.00 but not over $3,750.00 $37.50 plus .6% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 1.6% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 2.6% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 3.6% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $4,500.00 0%
Over $4,500.00 but not over $7,500.00 $25.00 plus .6% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 1.6% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 2.6% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 3.6% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $4,500.00 0%
Over $4,500.00 but not over $7,500.00 $25.00 plus .6% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 1.6% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 2.6% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 3.6% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $3,000.00 0%
Over $3,000.00 but not over $5,000.00 $50.00 plus .6% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 1.6% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 2.6% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 3.6% of
amount over $10,000.00
(I) For the taxable year beginning on or after January 1, 2011, and prior to January 1, 2012:
Net Income Is: The Tax Is:
Not over $3,000.00 0%
Over $3,000.00 but not over $5,000.00 $50.00 plus .6% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 1.6% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 2.6% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 3.6% of
amount over $10,000.00
(I) For the taxable year beginning on or after January 1, 2011, and prior to January 1, 2012:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $2,250.00 0%
Over $2,250.00 but not over $3,750.00 $37.50 plus .3% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 1.3% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 2.3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 3.3% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $2,250.00 0%
Over $2,250.00 but not over $3,750.00 $37.50 plus .3% of
amount over $2,250.00
Over $3,750.00 but not over $5,250.00 $82.50 plus 1.3% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 2.3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 3.3% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $4,500.00 0%
Over $4,500.00 but not over $7,500.00 $25.00 plus .3% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 1.3% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 2.3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 3.3% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $4,500.00 0%
Over $4,500.00 but not over $7,500.00 $25.00 plus .3% of
amount over $1,500.00
Over $7,500.00 but not over $10,500.00 $55.00 plus 1.3% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 2.3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 3.3% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $3,000.00 0%
Over $3,000.00 but not over $5,000.00 $50.00 plus .3% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 1.3% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 2.3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 3.3% of
amount over $10,000.00
(J) For the taxable year beginning on or after January 1, 2012, and prior to January 1, 2013:
Net Income Is: The Tax Is:
Not over $3,000.00 0%
Over $3,000.00 but not over $5,000.00 $50.00 plus .3% of
amount over $3,000.00
Over $5,000.00 but not over $7,000.00 $110.00 plus 1.3% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 2.3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 3.3% of
amount over $10,000.00
(J) For the taxable year beginning on or after January 1, 2012, and prior to January 1, 2013:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $3,750.00 0%
Over $3,750.00 but not over $5,250.00 $82.50 plus 1% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 2% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 3% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $3,750.00 0%
Over $3,750.00 but not over $5,250.00 $82.50 plus 1% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 2% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 3% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $7,500.00 0%
Over $7,500.00 but not over $10,500.00 $55.00 plus 1% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 2% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 3% of
amount over $5,000.00
HEAD OF HOUSEHOLD
Net Income Is: The Tax Is:
Not over $7,500.00 0%
Over $7,500.00 but not over $10,500.00 $55.00 plus 1% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 2% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 3% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $5,000.00 0%
Over $5,000.00 but not over $7,000.00 $110.00 plus 1% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 2% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 3% of
amount over $10,000.00
(K) For the taxable year beginning on or after January 1, 2013, and prior to January 1, 2014:
Net Income Is: The Tax Is:
Not over $5,000.00 0%
Over $5,000.00 but not over $7,000.00 $110.00 plus 1% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 2% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 3% of
amount over $10,000.00
(K) For the taxable year beginning on or after January 1, 2013, and prior to January 1, 2014:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $3,750.00 0%
Over $3,750.00 but not over $5,250.00 $82.50 plus .6% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 1.6% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 2.6% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $3,750.00 0%
Over $3,750.00 but not over $5,250.00 $82.50 plus .6% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 1.6% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 2.6% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $7,500.00 0%
Over $7,500.00 but not over $10,500.00 $55.00 plus .6% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 1.6% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 2.6% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $7,500.00 0%
Over $7,500.00 but not over $10,500.00 $55.00 plus .6% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 1.6% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 2.6% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $5,000.00 0%
Over $5,000.00 but not over $7,000.00 $110.00 plus .6% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 1.6% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 2.6% of
amount over $10,000.00
(L) For the taxable year beginning on or after January 1, 2014, and prior to January 1, 2015:
Net Income Is: The Tax Is:
Not over $5,000.00 0%
Over $5,000.00 but not over $7,000.00 $110.00 plus .6% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 1.6% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 2.6% of
amount over $10,000.00
(L) For the taxable year beginning on or after January 1, 2014, and prior to January 1, 2015:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $3,750.00 0%
Over $3,750.00 but not over $5,250.00 $82.50 plus .3% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 1.3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 2.3% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $3,750.00 0%
Over $3,750.00 but not over $5,250.00 $82.50 plus .3% of
amount over $3,750.00
Over $5,250.00 but not over $7,000.00 $142.50 plus 1.3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 2.3% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $7,500.00 0%
Over $7,500.00 but not over $10,500.00 $55.00 plus .3% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 1.3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 2.3% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $7,500.00 0%
Over $7,500.00 but not over $10,500.00 $55.00 plus .3% of
amount over $2,500.00
Over $10,500.00 but not over $14,000.00 $95.00 plus 1.3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 2.3% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $5,000.00 0%
Over $5,000.00 but not over $7,000.00 $110.00 plus .3% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 1.3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 2.3% of
amount over $10,000.00
(M) For the taxable year beginning on or after January 1, 2015, and prior to January 1, 2016:
Net Income Is: The Tax Is:
Not over $5,000.00 0%
Over $5,000.00 but not over $7,000.00 $110.00 plus .3% of
amount over $5,000.00
Over $7,000.00 but not over $10,000.00 $190.00 plus 1.3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 2.3% of
amount over $10,000.00
(M) For the taxable year beginning on or after January 1, 2015, and prior to January 1, 2016:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $5,250.00 0%
Over $5,250.00 but not over $7,000.00 $142.50 plus 1% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 2% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $5,250.00 0%
Over $5,250.00 but not over $7,000.00 $142.50 plus 1% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 2% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $10,500.00 0%
Over $10,500.00 but not over $14,000.00 $95.00 plus 1% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 2% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $10,500.00 0%
Over $10,500.00 but not over $14,000.00 $95.00 plus 1% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 2% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 but not over $10,000.00 $190.00 plus 1% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 2% of
amount over $10,000.00
(N) For the taxable year beginning on or after January 1, 2016, and prior to January 1, 2017:
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 but not over $10,000.00 $190.00 plus 1% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 2% of
amount over $10,000.00
(N) For the taxable year beginning on or after January 1, 2016, and prior to January 1, 2017:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $5,250.00 0%
Over $5,250.00 but not over $7,000.00 $142.50 plus .6% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 1.6% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $5,250.00 0%
Over $5,250.00 but not over $7,000.00 $142.50 plus .6% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 1.6% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $10,500.00 0%
Over $10,500.00 but not over $14,000.00 $95.00 plus .6% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 1.6% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $10,500.00 0%
Over $10,500.00 but not over $14,000.00 $95.00 plus .6% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 1.6% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 but not over $10,000.00 $190.00 plus .6% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 1.6% of
amount over $10,000.00
(O) For the taxable year beginning on or after January 1, 2017, and prior to January 1, 2018:
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 but not over $10,000.00 $190.00 plus .6% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 1.6% of
amount over $10,000.00
(O) For the taxable year beginning on or after January 1, 2017, and prior to January 1, 2018:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $5,250.00 0%
Over $5,250.00 but not over $7,000.00 $142.50 plus .3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 1.3% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $5,250.00 0%
Over $5,250.00 but not over $7,000.00 $142.50 plus .3% of
amount over $5,250.00
Over $7,000.00 $230.00 plus 1.3% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $10,500.00 0%
Over $10,500.00 but not over $14,000.00 $95.00 plus .3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 1.3% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $10,500.00 0%
Over $10,500.00 but not over $14,000.00 $95.00 plus .3% of
amount over $3,500.00
Over $14,000.00 $170.00 plus 1.3% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 but not over $10,000.00 $190.00 plus .3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 1.3% of
amount over $10,000.00
(P) For the taxable year beginning on or after January 1, 2018, and prior to January 1, 2019:
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 but not over $10,000.00 $190.00 plus .3% of
amount over $7,000.00
Over $10,000.00 $340.00 plus 1.3% of
amount over $10,000.00
(P) For the taxable year beginning on or after January 1, 2018, and prior to January 1, 2019:
SINGLE PERSON AND MARRIED PERSON
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 but not over $10,000.00 $230.00 plus 1% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 but not over $10,000.00 $230.00 plus 1% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $14,000.00 0%
Over $14,000.00 $170.00 plus 1% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $14,000.00 0%
Over $14,000.00 $170.00 plus 1% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $10,000.00 0%
Over $10,000.00 $340.00 plus .1% of
amount over $10,000.00
(Q) For the taxable year beginning on or after January 1, 2019, and prior to January 1, 2020:
Net Income Is: The Tax Is:
Not over $10,000.00 0%
Over $10,000.00 $340.00 plus .1% of
amount over $10,000.00
(Q) For the taxable year beginning on or after January 1, 2019, and prior to January 1, 2020:
SINGLE PERSON AND MARRIED
PERSON
FILING A SEPARATE RETURN
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 but not over $10,000.00 $230.00 plus .6% of
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 but not over $10,000.00 $230.00 plus .6% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $14,000.00 0%
Over $14,000.00 $170.00 plus .6% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $14,000.00 0%
Over $14,000.00 $170.00 plus .6% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $10,000.00 0%
Over $10,000.00 $340.00 plus .6% of
amount over $10,000.00
(R) For the taxable year beginning on or after January 1, 2020, and prior to January 1, 2021:
Net Income Is: The Tax Is:
Not over $10,000.00 0%
Over $10,000.00 $340.00 plus .6% of
amount over $10,000.00
(R) For the taxable year beginning on or after January 1, 2020, and prior to January 1, 2021:
SINGLE PERSON AND MARRIED
PERSON
FILING A SEPARATE RETURN
FILING A SEPARATE RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 $230.00 plus .3% of
amount over $7,000.00
Net Income Is: The Tax Is:
Not over $7,000.00 0%
Over $7,000.00 $230.00 plus .3% of
amount over $7,000.00
MARRIED PERSON FILING A JOINT
RETURN
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $14,000.00 0%
Over $14,000.00 $170.00 plus .3% of
amount over $5,000.00
Net Income Is: The Tax Is:
Not over $14,000.00 0%
Over $14,000.00 $170.00 plus .3% of
amount over $5,000.00
HEAD OF HOUSEHOLD
If Georgia Taxable
Net Income Is: The Tax Is:
Not over $10,000.00 0%
Over $10,000.00 $340.00 plus .3% of
amount over $10,000.00
(S) For any taxable year beginning on or after January 1, 2021, there shall not be an individual income tax and no individual returns are required."
Net Income Is: The Tax Is:
Not over $10,000.00 0%
Over $10,000.00 $340.00 plus .3% of
amount over $10,000.00
(S) For any taxable year beginning on or after January 1, 2021, there shall not be an individual income tax and no individual returns are required."
SECTION 3.
Said title is further amended by adding at the beginning of
Article 5 of Chapter 7, relating to current income tax payment, a new Code
Section 48_7_99 to read as follows:
"48_7_99.
The provisions of this article relating to the withholding of taxes or estimated taxes applicable to individuals shall not apply to taxable years beginning on or after January 1, 2020."
"48_7_99.
The provisions of this article relating to the withholding of taxes or estimated taxes applicable to individuals shall not apply to taxable years beginning on or after January 1, 2020."
SECTION 4.
Said chapter is further amended by striking subsection (a)
of Code Section 48_7_21, relating to taxation of corporations, and inserting in
its place a new subsection (a) to read as
follows:
"(a)(1)(A) For the taxable years beginning on or after January 1, 2003, and prior to January 1, 2004, everyEvery domestic corporation and every
foreign corporation shall pay annually an income tax equivalent to 6 percent of
its Georgia taxable net income.
(B) For the taxable year beginning on or after January 1, 2004, and prior to January 1, 2005, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 5.6 percent of its Georgia taxable net income.
(C) For the taxable year beginning on or after January 1, 2005, and prior to January 1, 2006, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 5.3 percent of its Georgia taxable net income.
(D) For the taxable year beginning on or after January 1, 2006, and prior to January 1, 2007, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 5 percent of its Georgia taxable net income.
(E) For the taxable year beginning on or after January 1, 2007, and prior to January 1, 2008, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 4.6 percent of its Georgia taxable net income.
(F) For the taxable year beginning on or after January 1, 2008, and prior to January 1, 2009, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 4.3 percent of its Georgia taxable net income.
(G) For the taxable year beginning on or after January 1, 2009, and prior to January 1, 2010, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 4 percent of its Georgia taxable net income.
(H) For the taxable year beginning on or after January 1, 2010, and prior to January 1, 2011, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 3.6 percent of its Georgia taxable net income.
(I) For the taxable year beginning on or after January 1, 2011, and prior to January 1, 2012, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 3.3 percent of its Georgia taxable net income.
(J) For the taxable year beginning on or after January 1, 2012, and prior to January 1, 2013, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 3 percent of its Georgia taxable net income.
(K) For the taxable year beginning on or after January 1, 2013, and prior to January 1, 2014, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 2.6 percent of its Georgia taxable net income.
(L) For the taxable year beginning on or after January 1, 2014, and prior to January 1, 2015, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 2.3 percent of its Georgia taxable net income.
(M) For the taxable year beginning on or after January 1, 2015, and prior to January 1, 2016, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 2 percent of its Georgia taxable net income.
(N) For the taxable year beginning on or after January 1, 2016, and prior to January 1, 2017, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 1.6 percent of its Georgia taxable net income.
(O) For the taxable year beginning on or after January 1, 2017, and prior to January 1, 2018, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 1.3 percent of its Georgia taxable net income.
(P) For the taxable year beginning on or after January 1, 2018, and prior to January 1, 2019, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 1 percent of its Georgia taxable net income.
(Q) For the taxable year beginning on or after January 1, 2019, and prior to January 1, 2020, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to .6 percent of its Georgia taxable net income.
(R) For the taxable year beginning on or after January 1, 2020, and prior to January 1, 2021, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to .3 percent of its Georgia taxable net income.
(S) For any taxable year beginning on or after January 1, 2021, there shall not be a corporate income tax and no corporate returns are required.
(2) Georgia taxable net income of a corporation shall be the corporation´s taxable income from property owned or from business done in this state. A corporation´s taxable income from property owned or from business done in this state shall consist of the corporation´s taxable income as defined in the Internal Revenue Code of 1986, with the adjustments provided for in subsection (b) of this Code section and allocated and apportioned as provided in Code Section 48_7_31."
"(a)(1)(A) For the taxable years beginning on or after January 1, 2003, and prior to January 1, 2004, every
(B) For the taxable year beginning on or after January 1, 2004, and prior to January 1, 2005, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 5.6 percent of its Georgia taxable net income.
(C) For the taxable year beginning on or after January 1, 2005, and prior to January 1, 2006, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 5.3 percent of its Georgia taxable net income.
(D) For the taxable year beginning on or after January 1, 2006, and prior to January 1, 2007, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 5 percent of its Georgia taxable net income.
(E) For the taxable year beginning on or after January 1, 2007, and prior to January 1, 2008, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 4.6 percent of its Georgia taxable net income.
(F) For the taxable year beginning on or after January 1, 2008, and prior to January 1, 2009, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 4.3 percent of its Georgia taxable net income.
(G) For the taxable year beginning on or after January 1, 2009, and prior to January 1, 2010, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 4 percent of its Georgia taxable net income.
(H) For the taxable year beginning on or after January 1, 2010, and prior to January 1, 2011, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 3.6 percent of its Georgia taxable net income.
(I) For the taxable year beginning on or after January 1, 2011, and prior to January 1, 2012, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 3.3 percent of its Georgia taxable net income.
(J) For the taxable year beginning on or after January 1, 2012, and prior to January 1, 2013, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 3 percent of its Georgia taxable net income.
(K) For the taxable year beginning on or after January 1, 2013, and prior to January 1, 2014, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 2.6 percent of its Georgia taxable net income.
(L) For the taxable year beginning on or after January 1, 2014, and prior to January 1, 2015, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 2.3 percent of its Georgia taxable net income.
(M) For the taxable year beginning on or after January 1, 2015, and prior to January 1, 2016, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 2 percent of its Georgia taxable net income.
(N) For the taxable year beginning on or after January 1, 2016, and prior to January 1, 2017, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 1.6 percent of its Georgia taxable net income.
(O) For the taxable year beginning on or after January 1, 2017, and prior to January 1, 2018, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 1.3 percent of its Georgia taxable net income.
(P) For the taxable year beginning on or after January 1, 2018, and prior to January 1, 2019, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to 1 percent of its Georgia taxable net income.
(Q) For the taxable year beginning on or after January 1, 2019, and prior to January 1, 2020, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to .6 percent of its Georgia taxable net income.
(R) For the taxable year beginning on or after January 1, 2020, and prior to January 1, 2021, every domestic corporation and every foreign corporation shall pay annually an income tax equivalent to .3 percent of its Georgia taxable net income.
(S) For any taxable year beginning on or after January 1, 2021, there shall not be a corporate income tax and no corporate returns are required.
(2) Georgia taxable net income of a corporation shall be the corporation´s taxable income from property owned or from business done in this state. A corporation´s taxable income from property owned or from business done in this state shall consist of the corporation´s taxable income as defined in the Internal Revenue Code of 1986, with the adjustments provided for in subsection (b) of this Code section and allocated and apportioned as provided in Code Section 48_7_31."
SECTION 5.
This Act shall become effective upon its approval by the
Governor or upon its becoming law without such approval.
SECTION 6.
All laws and parts of laws in conflict with this Act are
repealed.