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Nearly all jurisdictions provide numerous categories of goods and services that are exempt from sales tax, or taxed at reduced rates. The purchase of goods for further manufacture or for resale is uniformly exempt from sales tax. Most jurisdictions exempt food sold in grocery stores, prescription medications, and many agricultural supplies.
Foreign-source personal income is tax-exempt. [2] However, the definition of "foreign-source" is widely mis-represented, and further reading of the tax code reveals that income from abroad, earned through active work (on a laptop, for example) while physically present in Georgia, would be considered Georgian-source even if said income was never ...
A special-purpose local-option sales tax (SPLOST) is a financing method for funding capital outlay projects in the U.S. state of Georgia.It is an optional 1% sales tax levied by any county for the purpose of funding the building of parks, schools, roads, and other public facilities. [1]
A sales tax is a tax paid to a ... conducted in Georgia by cities raising sales tax and lowering property taxes. ... no sales tax or broad exemptions for certain ...
Gov. Brian Kemp has renewed a suspension of the gasoline sales tax for Georgia while blaming the Biden administration for high gas prices.
There's no sales tax, and Social Security retirement benefits are exempt from the state income tax, though retirement accounts such as a 401(k) or an IRA are taxed at full state income tax rates ...
Fulton County has a 7% total sales tax, including 4% state, 1% SPLOST, 1% homestead exemption, and 1% MARTA. Sales taxes apply through the entire county and its cities, except for Atlanta's additional 1% Municipal Option Sales Tax to fund capital improvements to its combined wastewater sewer systems (laying new pipes to separate storm sewers ...
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 ...