§ 32-2. Public utility franchise tax.

(a)

Rate of levy. There is hereby set and levied on each electric light and power company, gas company, telephone and telegraph company, water company, and any other public utility making use of the streets, alleys, or other public ways or places in the City for the purpose of rendering utility services, a franchise tax in the amount of five percent of the annual gross revenue received from residential commercial, and industrial sales.

(b)

Due date and required report. The public utility franchise tax shall be paid on or before the 20th day of the month following the calendar month in which the utility was provided and the sale was made, and payment by a report showing the volume of gross sales by service classification (residential, commercial, industrial) for the preceding month.

(Code 1997, § 4-111)

State law reference

Special franchise taxation, O.C.G.A. § 48-5-420 et seq.