Georgia Reports & Information

NEWS & MEDIA


The Latest News from CTJ's Tax Justice Blog

Georgia
By the Numbers

Georgia Below is a snapshot of key features of Georgia's tax system. (Scroll Down)
Personal Income Tax Features (2015)
  • Range of Tax Rates: 1.0% - 6.0%
  • Standard Deduction: $2,300 ($3,000 for Married Couples)
  • Personal Exemption: $2,700 (Extra $2,000 for Married Couples)
  • Dependent Exemption: $3,000
  • Earned Income Tax Credit (EITC): None
  • Offers notable exclusion for retirement income
  • Deduction for state income taxes paid
Corporate Income Tax Features (2015)
  • Range of Tax Rates: 6.00%
  • Income Level at Which Top Rate Applies: All
  • Combined Reporting: No
  • Apportionment Factor (Payroll): 0%
  • Apportionment Factor (Property): 0%
  • Apportionment Factor (Sales): 100%
Sales Tax Features (2015)
  • State Sales Tax Rate: 4.00%
  • Average Local Sales Tax Rate: 3.0%
  • Average Combined State & Local Sales Tax Rate: 7.0%
  • State Sales Tax Treatment of Groceries: Exempt
  • Local Sales Tax Treatment of Groceries: Taxed
  • Number of Services Taxed: 36 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: Full
  • Vendor Compensation available without ceiling
  • Sales tax holiday offered in 2014
  • Sales tax holiday offered in 2014
Property Tax Features (2015)
  • Statewide homestead exemption is relatively small, though local option exemptions can be significant.
  • Provides state-funded homestead exemption (currently suspended).
Other Tax & Revenue Features (2015)
  • Gasoline Tax Rate (per gallon): $0.265
  • Diesel Tax Rate (per gallon): $0.32
  • Cigarette Tax Rate (per pack): $0.37
  • Estate or Inheritance Tax: No
  • Net Lottery Sales Per Capita: $325 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: None

Last Updated January 13, 2015

Sources & Glossary