The Act adds a definition to the Revenue Code for &"domesticated foreign corporation,&" amends the Code section relating to taxation of personal property exempting stock of a foreign subsidiary held by a foreign parent corporation, and adds an exemption from the intangible property tax by adding a new subsection exempting stock held in a foreign corporation which was a party to a reorganization with a Georgia corporation. July 1, 1987
"REVENUE AND TAXATION Stock: Provide for Definitions and Exemptions,"
Georgia State University Law Review: Vol. 3
, Article 42.
Available at: http://readingroom.law.gsu.edu/gsulr/vol3/iss2/42