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Post details: Georgia --Corporate, Personal Income Taxes: Teleworking Tax Credit Extended
05/15/09
Georgia --Corporate, Personal Income Taxes: Teleworking Tax Credit Extended
CCH (cch.taxgroup.com) reports:
Georgia has amended its credit against personal and corporate income tax for teleworking expenses by extending the credit to taxable years beginning in 2010 and 2011 (formerly, 2008 and 2009). The aggregate amount of tax credits also is increased to $2.5 million (formerly, $2 million) for the extended period.
Subscribers can view the text of the legislation.
H.B. 186, Laws 2009, effective May 11, 2009
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