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Livelier Consolidated Plan FY 20202024 and FY 2020 Annual Action Downdraft FOR PUBLIC Displaying of Brunswick, Georgia 601 Gloucester Street Brunswick, GA 315201Table of Contents Executive Summary...........................................................................................................................................
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The State of Georgia consolidated return is a tax return that combines the income of multiple related entities into one single tax return.
Corporations and entities that are part of an affiliated group of corporations are required to file a state of Georgia consolidated return.
To fill out the state of Georgia consolidated return, the taxpayer must consolidate the income, deductions, and credits of all affiliated entities and report the combined amounts on the return.
The purpose of the state of Georgia consolidated return is to simplify the tax reporting process for related entities and to ensure that they are correctly reporting their income, deductions, and credits.
The state of Georgia consolidated return requires the reporting of combined income, deductions, and credits of all affiliated entities, as well as any other information required by the Georgia Department of Revenue.
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