Ga. Comp. R. & Regs. r. 560-12-1-.18 — Exemptions

Exemptions from taxation are strictly construed and an exemption will not be granted unless the Act clearly and distinctly shows that such was the plain and unambiguous intention of the General Assembly. Cite as Ga. Comp. R. & Regs. R. 560-12-1-.18 Authority: 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). History. Original Rule entitled "Exemptions" was filed and effective on June 30, 1965.