Ga. Comp. R. & Regs. R. 560-12-1-.32 - Taxes Paid to Other States

(1) Credit shall be granted for state sales or use tax legally imposed and previously paid in any state which grants credit for a like tax paid in Georgia.

(2) If a like state tax equal to or greater than the tax imposed by the Act has been paid in a reciprocating state, no additional tax shall be due this State with respect to the use, consumption, distribution or storage of tangible personal property in this State.

(3) If the amount of state tax paid to a reciprocating state is not equal to or greater than the amount of tax imposed by the Act, the dealer shall report and remit to the Commissioner an amount which when added to the state tax paid in the reciprocating state will equal the tax imposed by the Act.

(4) In order to obtain credit in this State for any tax paid to a reciprocating state, application may be made to the Commissioner by letter requesting such credit, furnishing a copy of the invoice covering such tangible personal property, and showing the tax billed and the state to which paid. If required by the Commissioner, an affidavit shall be furnished stating that such tax was paid and has not been refunded.

(5) No credit shall be granted for sales or use tax levied by any political subdivision of a state, even though the local tax may be collected by the state.

Notes

Ga. Comp. R. & Regs. R. 560-12-1-.32

Ga. L. 1937-38, Extra Sess., pp. 77, et seq., as amended; (Ga. Code Ann., Secs. 92-8405, 8406, 8409, 8427); Ga. L. 1951, pp. 360, 385; (Ga. Code Ann., Sec. 92-3438a).

Original Rule entitled "Taxes Paid to Other States" was filed and effective on June 30, 1965. Amended: Rule repealed and a new Rule of the same title adopted. Filed August 26, 1974; effective September 15, 1974.