- Collection:
- Georgia Government Publications
- Serial:
- Press release.
- Title:
- Press release, 2021 December 6
- Creator:
- Georgia. Office of the Governor
- Contributor to Resource:
- Georgia. Office of the Governor
- Publisher:
- Atlanta, Ga. : Georgia. Office of the Governor
- Date of Original:
- 2021-12-06
- Subject:
- Georgia--Politics and government--Periodicals
- Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- serials (publications)
- Type:
- Text
- Format:
- application/pdf
- Description:
- Nov. 6, 2002; title from contents screen (GALILEO, viewed June 3, 2007).
June 1, 2007, viewed June 3, 2007. - External Identifiers:
- Call Number GA G600 .P1 P7 2021/12-6
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_i-ga-bg600-b-pp1-bp7-b2021-s12-h6-belec-p-btext
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_i-ga-bg600-b-pp1-bp7-b2021-s12-h6-belec-p-btext
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
November Net Tax Revenues Up 17 Percent
https://madmimi.com/p/9ef9331?pact=211551-165774207-11554464864... Like Tweet Pin +1 in
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For Immediate Release Monday, December 6, 2021
November Net Tax Revenues Up 17 Percent
Atlanta, GA The State of Georgia's net tax collections in November totaled $2.29 billion, for an increase of $332.7 million, or 17 percent, compared to November 2020, when net tax collections totaled $1.96 billion. Year-to-date, net tax revenue collections totaled $11.87 billion, for an increase of nearly $1.70 billion, or 16.7 percent, over FY 2021.
The changes within the following tax categories account for November's overall net tax revenue increase:
Individual Income Tax: Individual Income Tax collections for November totaled $1.22 billion, which was an increase of $195.4 million, or 19 percent, over last year when net Individual Tax revenues totaled $1.03 billion.
The following notable components within Individual Income Tax combine for the net increase:
Individual Income Tax refunds issued (net of voided checks) increased by $14.1 million or 24.5 percent Individual Withholding payments increased by $173.6 million, or 17 percent, compared to last year Individual Income Tax Return payments were up nearly $8.9 million, or 65.3 percent, over FY 2021 All other Individual Tax categories, including Non-Resident Return payments, were up a combined $27 million
Sales and Use Tax: Gross Sales and Use Tax collections increased by $208.6 million, or 18.6 percent, to a total of almost $1.33 billion, up from the previous year's total of 1.12 billion. Net Sales and Use Tax increased by $154.5 million, or 30 percent, compared to November 2020, when net Sales Tax revenue totaled $515.8 million. The adjusted Sales Tax distribution to local governments totaled $654.2 million, which was an increase of $57.6 million, or 9.7 percent, over last year. Lastly, Sales Tax refunds declined by $3.5 million, or
12/6/2021, 8:32 AM
November Net Tax Revenues Up 17 Percent
https://madmimi.com/p/9ef9331?pact=211551-165774207-11554464864...
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12/6/2021, 8:32 AM