The company should first determine which tax registration details changed as a result of the reorganization and the date from which those changes apply. It should then assign open filing periods, payments, credits, arrears, and ongoing audits to the former or continuing company. For each tax type, it should separately determine whether a final return, an amendment notice, or a further periodic filing is required. Changes to the company name, legal form, address, responsible persons, employees, or activities relevant to VAT may require updates with the Revenue Service. The registry documents, reorganization resolution, transitional balance sheet, and tax schedule should show the same company details and effective dates. Filed notices and acknowledgments of receipt should be kept together with a record of outstanding obligations. Registration alone does not automatically close prior tax periods or outstanding tax returns.
Tax Filings Following a Company Reorganization in Georgia
After a company reorganization in Georgia, the effects of the registration, the tax effective date, and responsibility for outstanding returns must be coordinated with the tax account at the Revenue Service. The tax filing required depends on the form of the restructuring and whether the companies involved continue to exist.
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