December 3, 2012

Georgia Department of Revenue Proposes Conservation Tax Credit Rule Changes

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The Georgia Department of Revenue Income is proposing a change to the Tax Division Rule on conservation tax credits. Interested parties seeking to comment on the proposed Rule should review the notice for further guidance. The notice and an exact copy and synopsis of the proposed Rule may be found on the Department’s website at:

https://etax.dor.ga.gov/inctax/newregs/10-16-12__Rule_560-7-8-_50_Conservation_Tax_Credit.pdf

For more information on environmental law topics, please contact one of the Burr & Forman team members for assistance. We are happy to answer any questions or concerns you may have.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.