Search results
Results from the WOW.Com Content Network
Purchasers are required to pay sales tax unless they present the seller with certification that the purchase is exempt from tax (exemption certificate). The certificate must be on a form approved by the state. 38 states have approved use of the Multistate Tax Commission's Uniform Sales and Use Tax Certificate.
High sales taxes can be used to relieve property taxes but only when property taxes are lowered subsequently. [24] Studies that have shown this correlation were conducted in Georgia by cities raising sales tax and lowering property taxes. To combat sales loss, a city must be able to import consumers to buy goods locally. [23]
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]
Gov. Brian Kemp has renewed a suspension of the gasoline sales tax for Georgia while blaming the Biden administration for high gas prices.
States imposing sales tax require retail sellers to register with the state, collect tax from customers, file returns, and remit the tax to the state. Procedural rules vary widely. Sellers generally must collect tax from in-state purchasers unless the purchaser provides an exemption certificate.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
This year, Georgia residents can claim a new — but potentially confusing — tax break: a $3,000 deduction for a fetus. After the Supreme Court overturned women's federal right to obtain an ...
For more than a decade, films or TV shows that filmed in Georgia and spent at least $500,000 in the state could qualify for a 20-percent tax credit; putting a "Made in Georgia" logo on the final ...