Article 2. IMPOSITION, RATE, AND COMPUTATION; EXEMPTIONS  

CROSS REFERENCES. --Tax deduction for purchase of fluoride-removing device by person allergic to fluoridated water, § 12-5-175. Tax deductions and exemptions relating to making of student loans by Georgia Higher Education Assistance Corporation, § 20-3-283 et seq. Deduction for contributions made to Georgia Student Finance Authority, § 20-3-322. Provision that payments for relocation assistance shall not be considered income, § 22-4-13.
 
EDITOR'S NOTES. --Ga. L. 1987, p. 191, § 10, not codified by the General Assembly, provided that this Act is applicable to taxable years ending on or after March 11, 1987, and that a taxpayer with a taxable year ending on or after January 1, 1987, and before March 11, 1987, may elect to have the provisions of that Act apply.
   Ga. L. 1987, p. 191, § 10, not codified by the General Assembly, also provided that tax, penalty, and interest liabilities and refund eligibility for prior taxable years shall not be affected by that Act.
   Ga. L. 1987, p. 191, § 10, not codified by the General Assembly, also provided that provisions of the federal Tax Reform Act of 1986 and of the Internal Revenue Code of 1986 which as of January 1, 1987, were not yet effective become effective for purposes of Georgia taxation on the same dates as they become effective for federal purposes.
 
LAW REVIEWS. --For note on the 1994 amendments of Code Sections 48-7-40 to 48-7-40.1 and enactment of Code Sections 48-7-40.2 to 48-7-40.6 of this article, see 11 Ga. St. U.L. Rev. 249 (1994).
 
RESEARCH REFERENCES
 
ALR. --Bond or warrant of governmental subdivision as subject of taxation or exemption, 26 ALR 547; 44 ALR 510.
   Licensing tax on forwarding or local agency rendering services incidental to interstate shipments, 34 ALR 912.
   Nature of interest of special partner for purpose of income tax, 45 ALR 1381.
   Gains from unlawful business or transactions as subject of income tax, 51 ALR 1026; 166 ALR 891.
   Year in which loss or bad debt must be charged in order to be allowed as a deduction from taxpayer's income, 55 ALR 1280; 67 ALR 1015; 121 ALR 697; 135 ALR 1430.
   What is a personal service corporation within Internal Revenue Act, 59 ALR 1279.
   Gift or trust for benefit of employees of corporation or business as within exemption or deduction provisions of succession tax or income tax law, 71 ALR 870.
   Excise tax on corporations as factor in determining question as to discrimination against individuals in favor of corporations in respect of property or income tax upon former, 73 ALR 737.
   Applicability, construction, and effect of provision of Income Tax Act excluding from income subject to tax the value of property acquired by gift, devise, bequest, or descent, 73 ALR 1536; 119 ALR 415.
   Right of taxpayer to relief from his own errors in assessing his income tax or making out his income tax return, 80 ALR 377.
   Liability for income tax in respect of amount of tax paid by another, 91 ALR 1270.
   Interest on bonds or other obligations issued by municipalities or other political units of state as subject of state income tax in absence of express exemption, 98 ALR 1346.
   What constitutes doing business, business done, or the like, outside the state for purposes of allocation of income under tax laws, 167 ALR 943.
   Right of employer to deduct, for income tax purposes, premiums paid on insurance or annuity contracts for benefit of employees, 9 ALR2d 280.
   Income tax: market value as ascribable to agreement to pay a life annuity to another for purpose of determining capital gain or loss, 12 ALR2d 589.