Form It 611 - Corporation Income Tax Forms And General Instructions - 2012 Page 11
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22NET WORTH TAX TABLE
DOMESTIC AND DOMESTICATED FOREIGN CORPORATIONS
Based on net worth including issued capital stock, paid-in surplus, and earned surplus (Schedule 2, Line 4).
FOREIGN CORPORATIONS
Based on net worth including issued capital stock, paid-in surplus, and earned surplus employed within Georgia (Schedule 2,
Line 6).
Not exceeding ............................ $ 10,000.00 ...........................................................................................................
10.00
Over ...........................................
10,000.00
and not exceeding
25,000.00 ..................................
20.00
Over ...........................................
25,000.00
and not exceeding
40,000.00 ..................................
40.00
Over ...........................................
40,000.00
and not exceeding
60,000.00 ..................................
60.00
Over ...........................................
60,000.00
and not exceeding
80,000.00 ..................................
75.00
Over ...........................................
80,000.00
and not exceeding
100,000.00 .................................. 100.00
Over ........................................... 100,000.00
and not exceeding
150,000.00 ..................................... 125.00
Over ........................................... 150,000.00
and not exceeding
200,000.00 ..................................... 150.00
Over ........................................... 200,000.00
and not exceeding
300,000.00 ..................................... 200.00
Over ........................................... 300,000.00
and not exceeding
500,000.00 ..................................... 250.00
Over ........................................... 500,000.00
and not exceeding
750,000.00 ..................................... 300.00
Over ........................................... 750,000.00
and not exceeding
1,000,000.00 ..................................... 500.00
Over ....................................
1,000,000.00
and not exceeding
2,000,000.00 ..................................... 750.00
Over ....................................
2,000,000.00
and not exceeding
4,000,000.00 ..............................
1,000.00
Over ....................................
4,000,000.00
and not exceeding
6,000,000.00 ..............................
1,250.00
Over ....................................
6,000,000.00
and not exceeding
8,000,000.00 ..............................
1,500.00
Over ....................................
8,000,000.00
and not exceeding
10,000,000.00 .................................. 1,750.00
Over ....................................
10,000,000.00
and not exceeding
12,000,000.00 ..............................
2,000.00
Over ....................................
12,000,000.00
and not exceeding
14,000,000.00 ..............................
2,500.00
Over ....................................
14,000,000.00
and not exceeding
16,000,000.00 ..............................
3,000.00
Over ....................................
16,000,000.00
and not exceeding
18,000,000.00 ..............................
3,500.00
Over ....................................
18,000,000.00
and not exceeding
20,000,000.00 ..............................
4,000.00
Over ....................................
20,000,000.00
and not exceeding
22,000,000.00 ..............................
4,500.00
Over ....................................
22,000,000.00
....................................................................................................... 5,000.00
ADDITIONAL INFORMATION
ANNUAL REGISTRATION WITH
THE SECRETARY OF STATE
determination letter for any reason, must apply using Georgia
All Georgia corporations and foreign corporations that “qualify”
Form 3605. A nonprofit corporate charter does not constitute
to do business in Georgia must file an annual registration with
an exemption from income tax.
the Secretary of State (SOS). Registration, including the fee,
is due between January 1 and April 1. The SOS will send a
For tax years beginning on or after 1/1/2008, Form 3605 is
notice to the corporation’s principal office address in early
no longer required. The IRS determination letter allowing
January.
exempt status for the corporation along with the letter of
incorporation will suffice. Attach these forms to the
Foreign corporations (those formed in a state other than
relevant exempt organization federal return that is filed
Georgia) should determine the need to obtain a Certificate of
with Georgia.
Authority by reviewing O.C.G.A. § 14-2-1501. You may view
the statute and obtain an application on the Secretary of State’s
Each exempt organization must file a copy of the forms they
website at Annual registration
file with the Internal Revenue Service (Forms 990, 990-EZ, etc.)
and Certificate of Authority obligations are separate from any
annually. The due date for filing copies of the Federal return
filings with the Department of Revenue.
with Georgia is the same as that for filing with the IRS.
Form 600-T should be mailed to the address on the form.The
TAX EXEMPT ORGANIZATIONS
mailing address for Form 3605 is Georgia Department of
An organization that had tax exempt status with the Internal
Revenue, 1800 Century Center Blvd. N.E., Suite 15316, Atlanta,
Revenue Service prior to January 1, 1987 is not required to
GA 30345-3205. (Will no longer be required for tax years
apply to the Department for a tax exempt determination letter.
beginning on or after 1/1/2008.) Forms 990 and 5500 should
Organizations that received IRS determination letters after that
be mailed to Georgia Department of Revenue, P.O. Box 740395,
date and before tax years beginning on or after 1/1/2008, as
Atlanta, GA 30374-0395.
well as any organization desiring a Georgia income tax
Page 10
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