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Simply stated, IFTA works as a "pay now or pay later" system. As commercial motor vehicles buy fuel, any fuel taxes paid are credited to that licensee's account. At the end of the fiscal quarter, the licensee completes a fuel tax report, listing all miles traveled in all participating jurisdictions and lists all gallons purchased.
There are 6 flat tax rates in Georgia: corporate profit tax, value added tax, excise tax, personal income tax, import tax and property tax. [1] Personal income tax in Georgia are collected at a flat rate of 20% on local-source income. Foreign-source personal income is tax-exempt. [2]
Beyond that, Georgia's rainy day account is full and the state has $11 billion in additional surplus cash in the bank. On Tuesday, Georgia drivers were paying an average of $2.89 for a gallon of ...
Georgia drivers are likely to begin paying higher prices for gasoline and diesel as state motor fuel taxes return on Thursday. The Republican Kemp began waiving the taxes in September when he ...
In November 2012, Truth in Accounting launched a new website called Data-Z, [11] which provides easy access to its calculations of the federal government, the 50 states' and the nations 75 largest city's debt, liabilities, and assets and permits users to graph and analyze it visually. The website has over 700 data points collected from the all ...
Access to information law is poorly enforced in Georgia and its application remains a problem. [4] A local NGO, the Institute for Development of Freedom of Information (IDFI), has conducted a comprehensive analysis assessing the implementation of the law and the compliance of public institutions to it, carrying out a series of large-scale FOI tests between 2010 and 2015.
More companies, specifically technology companies, are coming to the Peach State. Georgia Power’s own forecast in 2022 changed from 400 MW to 6,600 MW through 2031, prompting the a 2023 update ...
Regulation of the access to telecommunications networks and infrastructure; Promotion of standardization, certification and metrology service system implementation; Control of compliance with the requirements of the applicable law in the communications sector and appropriate response