It is the intent of the General Assembly that indemnification paid pursuant to this part shall not be taxable within this state for any purpose. (Ga. L. 1980, p. 1343, § 1; Ga. L. 2000, p. 283, § 1; Code 1981, § 45-9-87, as redesignated by Ga. L. 2008, p. 470, § 1/SB 254.)
Indemnification not taxable
O.C.G.A. § 45-9-87, under GEORGIA STATE INDEMNIFICATION FUND.
O.C.G.A. § 45-9-87