Incentives

Our portfolio of incentives begins with a tax credit to spur job creation, and includes an array of other credits for investing in R&D, shipping through ports, and making key expansion investment. Georgia tax exemptions are just as robust: they can save you lots of money in startup and operating costs. All of this is anchored by a 5.75% corporate tax rate based on single-factor apportionment.

Georgia Department of
Economic Development

%

Sales & Use Tax

Freeport Inventory Tax Exemption:

Freeport (Inventory) Exemption:
100% Classes 1-3

Labor Force

Tax Incentives

Tax credits give Georgia businesses the opportunity to minimize or even eliminate state corporate income tax. They apply to all qualifying companies – large, small and in between – rooted in Georgia or new to the state.

Typically, tax credits apply to 50 percent of a company’s annual state corporate income tax liability. In some cases, they can offset up to 100 percent, with any excess credits applied to state payroll withholding liability.

These state tax credits may be combined with tax exemptions and local government incentives.

Tax Credits

Here are the primary tax credits Georgia extends to new and existing companies:
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Job Tax Credit
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QUALITY JOBS TAX CREDIT
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PORT TAX CREDIT BONUS
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WORK OPPORTUNITY TAX CREDIT
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MEGA PROJECT TAX CREDIT
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INVESTMENT TAX CREDIT
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RESEARCH AND DEVELOPMENT TAX CREDIT
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RETRAINING TAX CREDIT
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FILM, TELEVISION AND DIGITAL ENTERTAINMENT TAX CREDIT
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MUSICAL TAX CREDIT