In state tax, one of the biggest issues for multistate businesses is apportionment of income. States’ starting point for income tax generally flows from the federal income tax returns. While simple enough for individuals, determining what portion of income is…
Georgia’s legislative session ended last week with the passage of several bills. These bills go to the Governor for signature or veto. If he takes no action for 40 days (by May 13), the bills will become law as of…
There are several notable updates to be aware of and watch in Georgia. First, the legislative session will close out at the end of March, with several major tax bills likely to pass. Second, developments on local occupation taxes (particularly…
The Georgia Supreme Court denied the City of Atlanta’s petition for review of a case relating to the Occupation Tax. The tax is imposed on the Georgia gross receipts of any business with a location within City limits. In June,…
