Revenue and taxation; Internal Revenue Code and Internal Revenue Code of 1986; revise terms and incorporate certain provisions of federal law into Georgia law

Summary

The bill revises Georgia’s definition of the “Internal Revenue Code” to incorporate specific sections of the U.S. tax code as they exist on or before January 1, 2025, while treating many other federal provisions as if they never took effect. It applies to all taxable years beginning on or after January 1, 2025 and overrides any conflicting state laws. This alignment ensures Georgia tax calculations follow the same federal rules that the state chooses to recognize.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share