Net Worth Tax Georgia
Net Worth Tax Georgia
Georgia's business tax system presents unique challenges, particularly concerning the Corporate Income Tax (CIT) and the Net Worth Tax (NWT). This guide provides actionable strategies for 2025 compliance, focusing on clarity and practical application. Understanding Georgia's Business Taxes Georgia's CIT operates similarly to federal income tax, taxing a percentage of your federal taxable income, adjusted for state rules. The NWT, however, is a franchise tax levied on a company's net worth, not just its annual profits....