Georgia: principal industrial taxes, 1973 May

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{;eorgi~

PRINCIPAL INDUSTRIAL
TAXES

by George ~ oge rs Assistant Director, Research

....-..
Received
JU~3 -1 7~
DOCUMENTS UGA LIBRARIES

May , 1973
Resea rch Division Georgia Department of Community Development
P. O. Box 38097 , At lant a, Geor gia 30334

INTRODUCTION ...
Manu facturer s continue to locate in Georgi a in record number s, thereby attest ing to the favor able business climate in the State.
Thi s report, Georgia: Principal Industrial Taxes, pre sents an o verview of th e major taxes , and may be used as a guideline in estimating tax liability.
I appreciate your interest in Georgia, and feel confident that you , too , will find that locating in Georgia will be pro fit able .
JIMMY CARTER Governor of Georgi a

Georgia: Principal Industrial Taxes, was prepared for persons needing a qu ick reference to major state and local industrial taxes. Corpora tions contemplating the establishment of a facility in Georgia will find the presentation particularly helpful for estimating tax liability .
The reader is cautioned that statutory aut hor ity for tax law interpretation rest s with th e Georgia Commissioner of Revenue, and an y estimate obtained through use of the forms and information herein is only an estimate and not an official determination of ta xes du e. Th is fact, however, does not diminish the value of this publication in guiding those who desire summary info rmatio n about Georgia taxes.
Persons de siring more complete information about Georgia taxe s are invited to contact thi s Department or the Department of Revenue for assistance.

LOUIS W. TRUMAN

)

Lt. General, U. S. Arm y (Ret.)

Co m missio ner

- ContentsSununary of Principal Industrial Taxes - - - - - - _ - - __ __ 1

PROPERTY TAX Real and Personal------______________________ 3 Effective Rates ------------------------------ 6 Intangible ---------------------------------- 9

CORPORATE INCOME TAX --------------------__ 10

SALES TAX

13

UNEMPLOYMENT INSURANCE

14

WORKMEN'S COMPENSATION -------------------- 15

CORPORATE FRANCHISE TAX ------------_______ 12 CORPORATE REGISTRATION FEES --------------- 16

APPENDICES

County- Town Index

19

Town- County Index

20

Tax Cornputati.on F'or rn - - - - - - - - - - - - - - - - - - - - - - - 24

Additional Sources of Tax Infor mation ---------- 22

SUMMARY OF
PRINCIPAL INDUSTRIAL TAXES

PROPER TY

E a ch cou nty , municipality, and s chool

TAX

district i s empowered to tax r eal and

tangibl e personal p roperty. The Sta te

c o ll e c t s I O ~ f o r ea ch $ 1, 000 of fa i r market va l ue.

INTANGIBLE

Co lle cted by th e Sta te. The r ate varies

PROPERTY TAX

f r om $. 10 per $1, 000 of fa i r m a r ket

va l ue o n c a s h , re ceivab l es, pa tents , e tc .

t o $ 1 . 00 on c e r t a i n s t oc k s and bonds. The rate fo r long t er m

mo r tgage n ot e s se cured by real e s t a t e i s $3 . 00 .

- - - - - - - - Page 3 ---- ---- Page 9

CORPORA TE

Corporations d e r ivi ng i n c orne from

INCOME T AX

business transa cted i n Geo r gia a r e

s ubject to a 6% c o r po r a t e income t a x .

The tax a pplies o n ly to t h e p ortion of income e a r n e d i n Georgia.

- - - - - - - - Pagel a

SALES AND

T h e 3% ta x applies to the r etail pur chase ,

USE TAX

r e tail sale , r e nta l, s to r ag e . us e o r

con s um pti on of tangibl e personal pr operty

delivered in Georgia. Taxable services in clud e sales of natural

gas , a rtifi cial gas, oil, s tearn, gas oline, e l ect ri c ity, and te lephone .

-- ------ Page 13

UNEMPLOYMENT An i ndustry w it h no pr evio us employment

INSURANCE

re co rd in Georgia wo ul d pay $ 1 1 3 . 4 0 f o r

each empl oy e e ea rning $4, 200 or over .

A ft e r establishing an e mpl o y m e nt re co rd , the r a t e c an va r y

fr om $ 1 . 2 6 p e r employee t o $189 . 00 pe r employee (b a s e d on

each earning $4,200 or ove r) . Rates a r e based p rimar ily on

employe r 's his tor y of e m p l oye e l a y off s.

-------- Page 14

WORKMEN 'S

G e o r g i a does not l e v y t a x fo r w orkmen ' s

COMPENSA T IO N

co mp e n s a t io n . T he Wor kme n 's Com pensati on

Act req uires employ ers o f ten o r m o re to

c a r r y insurance wi th pr i vate c o m pa n i e s o r be sel f ins ured .

-------- Page 15

CORPORATE

Annua l ta x based on ne t wo r th. F oreign

F RA NCHISE TAX

c orpor a ti o ns pa y only o n the i r n e t worth

apportioned to Ge o r g ia . Th e tax is taken

from a ta b l e -- range is from $ 1 0 to a max imum of $5 , 000.

C OR P OR A T E

All co r po r a t i o n s transa cting b usiness in

REG ISTRA TION

Ge orgia must r e g i ste r wi t h the Se cr eta r y

FEES

of S tat e . Afte r the i n i t ia l r egi stra t ion

fe e of $ 15 ($ 100 f or fo r e ign co r p o r a t i o n s ),

corporati ons are requ ired annua lly t o file a repor t and pa y a

$5 filing f ee .

-------- Pa ge 12 -------- Page 16

1

PROPERTY TAX (Real and Tangible Personal Property)

The property tax is the principal source of revenue for ~eorgia counties and municipalities. A large portion of this revenue is used to operate the local school system. Although the
State levies a tax on property, the tax is negligible -- 10f for each $1,000 of fair market value.

Manufacturers and other industries pay property tax annually on real and tangible personal property. All inventories are included: raw materials, work-in-process, and finished goods.

The owner of the property on January 1 is liable for the tax. Inventory and other property acquired after January 1 are not subject to tax in that year.

The tax rate is applied to the fair market value after this value has been adjusted downward by the assessment ratio. Fair market value is determined independently by each county.

The method of computing the tax after adjustment by the assessment ratio is illustrated in the following example. A short-cut method using an effective tax rate is then discussed.

-Example-

Consider a location with total property having a fair market
value of $25,000. Since the tax rates in this presentation are given
in dollars per thousand, the fair market value is expressed in thousands.

[fair market value] [assessment ratio] [tax rate] = TAX DUE

[$25]

[$15] = $150

Since the order of multiplying the above three factors does not
change the result, the 40% assessment ratio can be multiplied by the $15 tax rate, and the resulting factor - - $6 can then be multiplied by
the fair market value:
[$25] [$6] = $150

lAll Georgia counties use a 40 % assessment ratio. City assessment ratio s vary from 10 % to 100 %.

3

The $6 factor is referred to in this presentation as the effective tax rate. Advantages of using an effective tax rate are (1) the tax for any location can be computed in one step (not necessary to use assessment ratio), and (2) any number of locations can be compared by examination of the effective rates. This is not necessarily true using assessment ratios.

For example, consider two locations. One has a tax rate of $30 and a 30% assessment ratio, and a second location has a tax rate of $90 with a 10% assessment ratio. The yields of these two tax rates are exactly the same, although it is not immediately obvious. The effective rates clearly illustrate that the two are identical:

[assessment ratio] [tax rate] = effective tax rate

[ 30% ]

[ $30 ] = $9

[ 10% ]

[ $90 ] = $9

Another advantage of effective rates is that they can be added. If, in a given location, the effective rate is computed for each of the four taxing jurisdictions in Georgia (city, county, county school system, and state), the resulting four rates can be added, thus giving one effective tax rate for that location as illustrated in the following exa.rnple of a hypothetical city.

Jurisdiction

Tax Rate

As s e s s rnerrt Ratio

Effective Tax Rate

In

Outside City

City (within county)

City County County Schools State

[ 9. 20] [12.00] [16.00]
[ .25]

[90%] [40%] [40%] [40%] Totals

= $ 8.28 = 4.80 = 6.40 = .10
$19.58

No tax $ 4.80
6.40 . 10
$11. 30

Referring again to the $25,000 example , the tax in the city would be computed in one step by mul.ti.plyi.ng the fair market value of the property (in thousands) by the total effective tax rate:

[$25]

[$19.58] = $489.50

4

If the property were located outside the city (within the unincorporated area of the county), the property owner would not 'p a y the city tax. The $11.30 rate would be applicable.

[ $25 ]

[$11.30]

= $282. 50

The total effective tax rate has been computed for each city and for each county by the above method (i , e. , by adding the effective tax rates for the four taxing jurisdictions). These rates are presented on the following three pages. A cross reference between the cities and counties is presented in the Appendix.

Since all the effective tax rates were derived by the same method, they can be compared. However, they should only be used as a guideline since methods of determining fair market value of property can vary among locations. Another consideration is that the effective rates can be a function of the services provided - - that is, a location with a lower tax rate might not provide the same services to industry as a location with a higher rate.

Pollution Control Incentives

Facilities installed or constructed for the primary purpose of eliminating or reducing air or water pollution are exempt from property tax. Such facilities must be certified by the Georgia Water Quality Control Board and/ or the Department of Human Resources.

5

CITY EFFECTIVE PROPERTY TAX RATES (per S I ,000 of fair market value)

Th e below 1972 rates' include city , county, schoo l, and state tax . All rates have been adj usted for assessme nt ratios. See page three for det ailed explana tio n.

A b bev ille

$ 10.05

Acwo rth

19.00

Ada irsville

13.90

Ade l

10.21

Adri an*

(Ema nuel)

14.1 64

(Jo hnson)

10.425

Ailey

8.3 32

Alamo

13.80

Alapa ha

9. 30

Alba ny

16.6 92

Alma

14.30

Alph aretta

21.12

Alto*

(Banks)

12.77

(Haber sham) 14.41

Ambrose

12. 388

Amer icus

11.5 0

Ande rsonville

13.15

Arab i

9 .60

Aragon

16.85

Arlin gton*

(Calho un )

14.10

(Early )

11.18

Ash b u rn

13.7 8

Ath ens

17 .64 8

A tl a n ta*

(De Ka lb)

35.572

(F ulto n)

25 .0 2

Att apulgu s

11.9 33

Auburn

17.42

Augu sta

23.60

Auste ll*

(Co b b )

16.80

(Do uglas)

18.80

Ava lo n

13.82

Avera

9.70

Avondale Estates 23.14 8

Baconton

12.44

Bainbridge

16.10

Baldwin *

( Ban ks )

12.80

(Habersha m) 14.44

Ball Ground

11.60

Barnesville

13.855

Bart ow

16.20

Barwick *

(Bro oks)

15.80

(Thomas)

11.20

Ba xl ey

17.90

Bell ville

9.40

Berlin

10. 32

Berkeley Lake

12.74

Bibb City

17.00

Bisho p

10.00

Blairsville

12.98

Bla ck sh ear

12.85

Blak el y

9.78

Blue Ridge

22.0 2

Bogart *

(Clarke)

15 .5 6 3

(O co nee)

10.275

Bo ston Bowdon Bower sville Bowman Braselton Brem en Bron wood Bro okl et Bro ok s Bro x t o n Brun swick Buch anan Buckhead Buena Vista Buford Butl er Byrom ville Byron Cad we ll Cairo Calhoun Ca mak Camilla Cano n Canto n Car l Carlto n Carn esville Carro llto n Car tersville Cave Spring Cec il Ceda rto wn Ce n te rv ille Cha m b lee Cha tsworth Ch au ncey Chester Chi ckamauga Clarkesvill e Cla rk s t o n Clax to n Clay to n Clermo nt Clevela n d Climax Coc hra n Co lbe r t Co leman Co llege Park*
(Clay to n) (F ulto n) Co llins Co lq ui tt Co lu m b u s Co me r Co m me rce Conco rd Conyers Coo lidge Corde le Cornelia

$ 11.20 17.50 12.745 15.56 10.20 29.40 9.628 11.68 11.66 11.908 2 1.00 23 .58 12.20 22.60 12.34 12.0 0 11.68 14.80 10.1 2 13.752 14.50 12.70 11.84 16.26 9 .76 10.42 12 .9 32 12.196 15.80 11.60 15.90 9.9 6 22.60 15.70 8 20. 248 13.86 10.00 13.50 11.825 20.94 19.748 11.90 11.285 12.70 11.5 0 13.20 10.50 14.0 32 8.102
20.90 19.12 8 .86 8.54 17.66 11.8987 10.20 18.80 21.20 12.00 12.80 17.1066

Covington

$ 18.05

Cra wfo rdville

10.92

Cull o d e n

11.20

C u m mi ng

13.572

Cusseta

12.30

Cu t h be r t

9.8 186

Da cul a

15.94

Da h l o n ega

17.836

Dallas

14.823

Dalt on

16.70

Dama scu s

9.5 8

Dani elsville

11.232

Danvill e*

(Tw iggs)

8 .5 2

(Wilkinson)

10.10

Darien

13.40

Davisboro

9. 004

Dawson

12.02 8

Daw sonville

9.50

De aring

12.80

De c a t u r

22.972

Demorest

15.40

Dexter

18.92

Doerun

10.32

Don alsonvill e

14.73

Doravill e

18. 998

Dou glas

13.30 8

Do uglasville

18 .94

Dublin

14.43

Dudle y

13.72

Duluth

16.14

East Dublin

11.17

East Ellijay

13.94

Eastma n

12.50

East Point

.19 .92

Ea to n to n

11.60

Edi son

16.50

Elberton

15.06

Ellavill e

11.04

Ellenton

10.32

Ellijay

15.94

Emerso n

9. 70

Enigma

9 .70

Eto n

13.02

Fa irb urn

19 .2 2

Fairm ont

18.5 8

F a y e t t e ville

14.46

Fitzgera ld

12.406

Flovill a

12.28

Flowery Branch 12.50

F o l k ston

14.70

Forest Park

24.10

For syth

14.00

Fo rt Gaines

13.30

For t Oglethorpe 17.644

Fort Valley

16.40

Franklin

16.60

Franklin Spring s 9.796

Gaine sville

15.50

Garfi eld

15.564

Gay

9.70

Ge neva

9.12

Georg e t o w n Gib son GilIsville*
(Bank s) (Hall) Glenn ville Gle nw o od Gord on Gran tville Gray Gray son Greensboro Greenville Gri ffin Grov etown Gu yt on Hagan Hahir a Hamilton Hampton Hapeville Harlem Harri son Hart well Hawkin sville Hazlehurst Helen Helen a Hep z ibah Hiawa ssee Hine sville Hiram Hob ok en Hogan sville Holl y Springs Hom eland Hom er ville Ho scht on Ide al Ila Iron City I r w i n t on Ive y
Jack son J asper Je ffer son Jeffer sonville Jenkin sburg Jesup Jonesboro J un cti on City Kenn esaw King sland . Kingston Kit e LaF ayette LaGr ange Lakeland Lake City Lake Park Lavoni a Lawren ceville

$ 10.55 15.2268
11.00 11.50 9.985 11.80 12 .90 13.0 0 13.30 12.54 10.916 13.50 15.48 14.60 12 .152 9. 05 15.92 15.40 11.868 20.42 12.975 9.404 17.22 10.60 9.129 6 8 .80 10.90 18.00 8 .9 0 16.40 12.956 8.456 10.253 6 10.00 10.95 10.888 10.20 16.4 2 13.232 10.08 10.70 10.90 14.7 8 16.90 8 .6 0 12.92 12.78 14.10 20.90 9.32 19.00 14.30 9 .00 12.10 18.50 10.65 36 14.10 19.70 12.52 14.196 14.59

*City is within two count ies.
6

CITY EFFECTIVE PROPERTY TAX RATES (per $1,000 of fair market value)

The below 1972 rates include city, county , schoo l, and sta te tax. All rate s have been adjusted for assessment ratios. See page three for detailed explanation .

Lear y

$ 12.90

Leesburg

1 3.10

Leno x

11.96

Le slie

8.70

Le x i n g t on

9.10

Lilburn

13.74

Lill y

10.68

Lincolnton

13 .54

Lithonia

22.748

Lo cust Grove

11.86 8

Loganville >

. (Gw inn ett)

15.24

(Walton)

10.80

Lookout Mountain 17.44 84

Louisville

15.30

Ludowi ci

15.10

Lu la *

(Banks )

11.00

(H all)

12.70

Lumber Ci ty

8.28

Lumpk in

14.90

Lu ther sville

11.50

Ly erl y

15.30

Ly o n s

11.10

Ma con

21.10

Mad ison

14.46

Mana ssas

10.86

Man che ster*

(Meriwether) 15.10

(Talbot)

12.92

Ma ns f ield

17.90

Mari etta

14.78

Mar shallville

16.82

Martin

13.0 2

May sville >

(Bank s)

12.66

(Jack son)

11.06

McCay sville

23.395

McD onough

13.86 8

McR ae

11.3 0

Mean sville

16.80

Meigs*

(Mitc hell)

16.04

(Tho mas)

14.40

Menlo

. 13.80

M e t t er

12 . 16 8

Midville

15.50

Milledgeville

15.20

Milan *

(Dodge)

13.15

(Te lfair)

11.55

Millen

15.10

Miln er

15.18

Miner al Bluff

23.10

Mit chell

12.0268

Mo l e n a

16.80

Mo n ro e

14.10

Montezum a

14 .12

Mont icell o

9 .80

Montro se

12.92

Mor eland

11.30

Morgan

12.90

Mor ga n t o n Mo rro w Morven Moultrie Mount Airy Mount Vernon Mountain Park Nahunta Nashville Nel son *
(Cherokee) (Pickens) Newborn Newington Newnan Newton Ni c h o l l s Nor cro ss Norman Park N o r w o od Oakwood Ochlocknee O cill a Ocon ee Odum Oglethorpe Oliv er Om ega Oxford Palm etto * (Cow et a) (Fulton) Parrott Patterson Pavo * (Brook s) (Thomas) Pearson Pelham Pembroke Perry Pin ehurst Pine Lake Pine Mountain Pin eview Pitts Plains Plainville Pool er Po r t al Porterda le Port Wentworth Po ulan Powder Springs Preston Quitman Ray City Rebe cca Reidsville Rentz Reynolds Rhine

$ 21.02 19.70 14.60 13.12 13.44 7.9 32 2 3.4 2 10.056 11.90
10.10 13.40 16.30 10.00 17.30 10.72 12.308 14.54 11.82 10. 70 16.30 12.00 12.592 10.004 11.90 14.62 10.40 12.96 16 .80
14.50 19.92 10.828 10. 80
17.40 12.10 10 .82 14.18 15.30 15.308 11.68 28 . 748 16. 20 7.3833 8.55 8.30 15.38 19.72 1 10.08 17.80 21.38 8 16.92 18 .20 10.28 13.90 8.90 10 .78 10.06 9.92 13.00 9 .50

Ri chl and Ri chmond Hill
Rincon Ringgo ld R ive r d a l e Roberta Ro chell e Ro ckmart Ro cky F ord Rome Roopville Rossville R oswell Roy ston>
(Hart) (Franklin) Rutledge S1. Marys Sale City Sander sville Sardi s Sa sser Savannah Savann ah Bea ch Scotland Scr even Sen o ia Shar on Shellm an Shil oh Smithville Sm yrna Snellville So cial Cir cle So per to n Sp ark s Sp a r t a Springfield St a p l e t o n St at esboro St atham Stillmo re St o ckbridge St one Mountain Sugar Hill Summertown Su m m e rvi lle Sumner Suw anee Swain sboro Sy camore Sy lvania Sylv ester Talbotton Talking Ro ck Tallapoosa Tallulah F alls* (Habersha m ) (Rabun) Temple Tennille Th omaston

$ 14.40 11.70
12.052 17.644 2 2.9 0 13.30 10.55 21.40 10.00 19 .80 13.80 18 .20 20.32
19.02 15.596 14.46 13.90 12.84 11.004 11.50 9.42 8 28 .3 8 8 28.38 8 16 .90 10 .70 18 .50 6 .92 11.052 13.40 11.75 19.25 15.74 11.7 8 13.40 11.96 16 .64 12.4 52 12.10 14.48 13.62 13.164 13.868 21.498 13.74 13.564 17.90 8.92 14.24 19.164 11.7 8 9 .60 8.12 10.92 12.90 18.58
12.64 9.26 18.30 13.004 10.90

Th omasville

$ 14. 20

Th omson

13.60

Thunderbolt

18 .054

Tifton

14.61

Tign all

9 .50

T o c coa

20 .82

Toom sboro

11.70

Tr enton

13 .20

Tri on

11.70

Twin Ci ty

17.164

T yrone

12.06

Ty Ty

9 .96

Un adilla

12.4 8

Uni on Cit y

19.88

Unio n Po int

11.91 6

Uva lda

7 .9 32

Vald o st a

15.46

Vid ali a*

(Montgomer y) 12.1 32

(Too mbs )

12.70

Vienna

13.68

Vill a Rica *

20.50

(Carr o ll)

17.50

(Dou glas)

20 .50

Wa co

17.5 8

Wadle y

12.50

Waleska

9 . 10

Warm Spring s

12.30

Warn er Robins

17.588

Warr enton

14.70

Warwi ck

12.30

Washingt on

11.50

Watkin sville

10 .80

Waverly Hall

12.70

Way cro ss

19.90

Wayn esboro

14 .30

West Point *

(H a r r i s )

8 .00

(Troup)

8.6536

Whigham

9.252

Whit e

10.90

Whit esburg

14.80

Willacoo chee

14.0 2

William son

16 .0 0

Wind er

12.82

Win ter ville

16.088

Wo o d b i n e

13.30

Wo o d b u r y

10.94

Woodland

11.3 2

Woo d s t o ck

10.60

Wren s

13.3666

Wrigh t sville

11.85

Yate sville

12.00

Young Harris

13.20

Zebulon

18.00

*City is within two co un ties.
7

COUNTY EFFECTIVE PROPERTY TAX RATES (per $ 1,000 of fair market value)

The below '1972 rat es include county , school, and state tax. All rates have been adjusted by assessment ratios. See page th ree for detailed exp lanation .

Appli ng Atkin son Bacon Baker Baldw in Bank s Barrow Bartow Ben Hill Berrie n Bibb Bleck ley Brantley Brook s* Brya n Bulloch Burke Bu t t s Calho un Camden Candler Carroll Cat o o sa Charlto n Chath am Cha tta hoo chee Chattooga Cherokee Clarke Clay Clayto nI
Clinc ~
Cobb Co ff ee Co lq ui tt Co lu mbia Coo k Co wet a Crawfo rd Crisp

$ 6.40 6.02 9 .10 5 .92 10.00 9.80 9 .62 7.90 9.26 6 .70 13 .90 7.90 6.856 11.80 9.70 8.48 7.50 10 .28 10.50 8.30 9 .168 12 .30 11.64 4 10.70 16.3 8 8 8 .30 11.30 7.60 13.688 7. 30 17.70 6 .888 13 .30 8 .9 08 8.32 8.60 7.96 10 .5 0 9 .70 8.40

Dade Daw son Decatur DeKalb Dodge
~~~~erty3
Doug las4 Early Echo ls Effi ngham Elbe r t Eman ue l Evans Fannin Fay ette Floyd Fo rsyt h F ra nk lin Fulto n5 Gilm er Glascock Glynn6 Gord on Grady Greene Gwinnett7 Habersham Hall Hancock Haralson Harri s Har t Heard Henry Hou ston Irwin J ackson J asper Jeff Davis

$ 11.20 7.90 8 .6 0 17.74 8 8.50 7. 6 8 11. 87 4 15. 30 7 .58 6 .946 10.052 11.06 11.1 64 7.4 0 19 .0 2 10.86 13.8 0 11.172 8 . 196 15.92 9.94 9.226 8 15.00 13.38 7.252 7.9 16 11.7 4 11.44 10.30 10 .64 13.58 10 .60 11.62 9 .60 9.868 11.108 7.792 8.20 6 .20 6.7296

Jeffer son J e nk in s J o h n so n Jo nes Lamar Lanier Laur ens Lee Liber ty Lin coln Long Lownd es Lu m p k in Maco n Mad iso n Marion McDuffie Mcinto sh Meriwether Miller Mitchell Monro e Mont gome ry Morgan Murray Muscogee Newton Oco nee Ogleth orpe Pauld ing Peach Picken s Pie r ce Pik e * Polk * Pulaski Put nam Qui tma n Rabun Ran d ol ph

$ 7.70 10 .30 8 . 10 8.50 11.98 9 .30 8 .9 2 7. 9 0 11.90 8 .74 11.5 0 10 .5 2 11.4 36 9.62 9.232 10.30 6 .80 9.80 8.70 6 . 14 8.84 10.00 6.332 6.46 11.8 2 j 14 .30 8 .40 7. 10 10.1 56 10.80 10 .9 0 7.60 14 .8 0 15 .4 0 7.8 4 6.80 9.80 8.06 5 .652

R ichmo nd Ro ckd ale Schley Screven Semino le Spalding 9 Stephens Stewart * Su m ter Talbo t Taliaferro Ta tt nall Tay lor Te lfair Terre ll Tho masl O Tift Toombs Tow ns Treutlen Tro up Turner Twiggs Union Upson Walker Walton Ware Warren Washingto n Wayne Webs te r Whee ler Whi te Whitfield Wilcox Wilkes Wilk in son Wort h

$ 16.00 15.20 8.24 8.00 8.08 12.28 11.72 9 .90 5 .50 8 . 12 5 .3 2 6 .86 9 .00 6 .90 7.628 7. 2 0 7.96 6 .10 7.70 9.40 8.3896 7.78 7.32 8.98 10.5 0 14.00 7.30 10.30 8 .7 0 7.004 8 .70 4 .82 7.80 8 .0 0 12 .50 6 .05 7.10 8 .9 0 6 .92

1Clayton -Excludes $2.00 for fire distr ict No. I (ap plies on ly to porti on s of the unincorpor ated county ).
2Cobb - Excludes tax for fire district s (range: $ 1.40 - 1.70) , (app ly o nly to por tion s of the unin corporat ed county).
3Dougherty-Excludes $1.10 for fire distri ct No. I , and $ .34 for No. 2 (app ly only to porti on s of the unin corpor ated cou nty).
4Do uglas-Exclude s $1.10 for Lithi a Spring s fire district. Applie s to I Y2 mile radius of Lithia Springs fire sta tio n.
5Fu lton - Excludes $1.06 for Sandy Springs fire distr ict , and $ 1.60 for th e indu stria l fire district (apply o nly to portion s of th e unincorporated co unty ).
6Glynn-Excludes $ 1.10 special improvement tax for St. Simon s and Sea Island, or $ .70 for Glynn impro vement district (app ly only to portions of the unin corp orat ed county).
7Gwinnett - Exclud es $ .74 for fire district No . I , $ 1.90 for No.2, and $ .38 for recreational distr ict No. I (app ly only to po rtion s of the unin cor porated county) .
8Muscogee-Colum bus co nsolidated govern ment has four tax district s. Respective rates are: No. I ( $ 17.66), No .2 ( $ 16.908) , No.3 ($ 15.104) , Bibb City ($1 7.00) .
9Spalding-Exclude s $ .42 for fire district (applies o nly to port ion s of the unincorp orat ed cou nty) .
10Th om as- Excludes $2.40 for fire district No. I , $ 1.2 0 for No. 2 (app ly only to portio ns of the uninco rpo rated coun ty) .
*1971 rat es-1 972 rate no t set at publicat ion date.

8

(Intangible Property)

The intangible property tax applies to all intangible property not specifically exempt. Taxes are based on the fair ~arket value as of the first day of January. Property acquired after January 1 is not subject to the tax in that year.

The rate per $1,000 of fair market value varies from $.10 to $1.00 depending on the clas s of property. There are seven basic classes of intangibles. These classes with their respective rates are listed below:

Shares of stock --------------------- $1.00

Money on hand and on deposit--------- .10

Notes and Accounts receivable ------- .10

Short term mortgage notes secured by real estate ----------------------- .10

Collateral security loans ------------- .25

Patents, copyrights and mis c. items - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - . 10

Bonds

1. 00

Among the clas s es of property exempt from the tax are the following:

Stocks of Georgia corporations

Bank stock

Bonds of the State of Georgia and its subdivisions

Intangible property belonging to the Federal Government or the State of Georgia

Money belonging to persons residing outside Georgia

The common voting stock of a subsidiary corporation not doing business in Georgia

9

GEORGIA CORPORATE INCOME TAX

Corporations deriving incom.e from. business transacted in Georgia or fr,?m. prope rty located in Georgia are subject to a 6% corporate incom.e tax.
The tax applies onl y to the portion of adjusted net incom.e earned in Georgia. The portion earned in Georgia is determ.ined (see form.ula below) by m.ultiplying the adjusted net incom.e (A) by the average of three ratios (B): property, payroll, and sales.

Cor p o r a t e Tax Form.ula

(A)

(B)

(C)

~Mj""'j @"' ' ' Net Income

~I" G<",~ payroll in Georgia

Georzi a +

+

"

TOTAL PROPERTY TOTAL PAYROLL TOTAL SALES

3

The following exam.ple is an applic~tion of the tax form.ula using hypothethical figures. The factor "B" is not detailed but represents the average of three fractions, which equals 1/20 or 5 %.

- Example-

Net Income-Federal Return additions (a s defined by Ga, law) deductions (a s defined by Ga. law)

$1, 000 , 000 23,800 (4 7 , 80 0)

Adjusted Net Income

9 76 , 00 0 (A )

Average of property, payroll and sales ratios

_---=.,-=0.;::,.5 (B )

Income " ea r ne d in Georgia"

48,800 (t ax rate) _ _ _6 0/0( C )

TAX DUE - - - - - - - - - - _ - - _ _ _ _ _ _ _ _ $ 2,928

10

Definitions
ADJUSTED NET INCOME - The adjusted net income ("A'I in the formula) is the net income as reported on the federal -r e tur n, with certain additions and deductions prescribed by Georgia law, such as adjustments for income tax deductions, and adjustments for gains and losses.
PROPERTY - The average value of real and tangible personal property, owned or rented, and used during the tax period. Property owned is valued at original cost. Rented property is valued at eight times the net annual rental rate (excludes sub- rentals).
PA YROLL - Salaries, wages, commissions, and other compensation paid or incurred for services performed in connection with the business during the taxable year. All compensation to Georgia residents is considered payroll in Georgia, irrespective of the place of actual payment.
SALES - Gross receipts from business. Receipts from products shipped (or delivered) to Georgia customers are included in Georgia sales. Receipts from sales negotiated or effected through offices of the taxpayer outside the State and delivered from storage in Georgia to customers outside Georgia shall be excluded from Georgia sales.
Pollution Control Incentives
The new (federal) Tax Reform Act of 1969 allows accelerated depreciation of certified pollution control facilities. Georgia corporate income tax' would reflect this savings since the federal tax is the base for computing the state tax.
Becau~e of the objective of this publication (i. e. to p r e sent an overview of taxes), none of the actual law is
presented. Corporate Income Tax Laws 9J Georgia and The
Regulations Issued Thereunder include the most relevant provisions of the Georgia code. See page 22 of appendix for order information.
11

CORPORATE FRANCHISE TAX

Corporations deriving income from business transacted in Georgia or from property located in Georgia pay an annual license tax bas ed on net worth.

Domestic corporations pay the tax on 100% of net worth. Foreign corporations pay on the portion of net worth employed in Georgia which is determined by the formula:

~ d Total
Net Worth

GeOrg:=iJ~ f";roperty1 and Sales in
[ Total Property and Sales

The tax is taken from the following table:

N E T WORTH

(o v e r )

(b ut does not e x c eed)

TAX
DUE

$

0

$ 10,000

$ 10

10,000 ------- -------

25,000 - ------- - -----

20

25,000

40,000

40

40,000 --------------

60, 000 - - - - - - -- - - - - - -

60

60,000

80,000

75

80,000 ----- ---------

100,000 --- -----------

100

100,000

150,000

125

150 ,000 -- ------------ 20q,OOO ---- ---- ------

150

200,000

300,000

200

300,000 -------------- 500,000 ---- ----------

250

500,000

750,000

300

750,000 -------------- 1,000,000 --------------

500

1,000,000

2,000,000

750

2,000,000 - ------------ - 4,000,000 --- ---------- - 1,000

4,000,000

6, 000, 000

1, 250

6,000,000 -------------- 8,000,000 - - - - - - - - - - - - - - 1,500

8,000,000

10,000,000

1,750

10,000,000 -------------- 12 ,000,000 -- ------------ 2,000

12,000,000

14,000,000

2,500

14,000,000 ----- --------- 16,000,000 -------------- 3 , 000

16,000,000

18,000,000

3, 500

18,000,000 ------------ -- 20,000,000 -------------- 4,000

20,000,000

22,000,000

4,500

22,000,000 ------- - ---------------------- ----- ---- - 5,000

1Definitions are on the preceding page. For computation of license tax, rental property is excluded from the property factor.
12

SALES AND USE TAX
The 3o/itax applies to the retail purchase, retail sale, rental, storage, use or consumption of tangible personal property and services described in the Act, the delivery of wh i ch takes place in this State.
Upon the first instance of use, consumption, distribution, or storage within Georgia of tangible personal property purchased at retail outside this State, the owner or user thereof shall be liable for a tax at the rate of 3% of the cost price or fair market value thereof, whichever is the lesser, provided there shall be no duplication of the Georgia tax, and subject to credit for a like tax paid in a reciprocating state, not to exceed the rate imposed by Georgia law.
Taxable services include sales of natural gas, artificial gas, oil, stearn, gasoline, solid fuel, electricity and telephone.
Exemptions include:
machinery used directly in the manufacture of tangible personal property when incorporated into a new manufacturing plant and additional machinery incorporated into a presently existing manufacturing plant in this State, provided such purchas es are approved by the Commissioner of Revenue
machinery and equipment for reducing air and wat er pollution, provided such purchases are approved by the Commissioner of Revenue
industrial materials which become a component part of a finished product for sale or are coated with or impregnated into the product at any stage of its manufacture
packaging materials which are not purchased for reuse
sales in interstate commerce when delivered outside Georgia by common carrier, U. S. Post Office, the s eller, or a trucker hired by the seller.
14% in Atlanta area (Fulton and DeKalb County)
13

UNEMPLOYMENT INSURANCE
Urierrrpl oyrnerrt insurance was established in the National Social Security Act of 1935. Although created by federal legislation, the i n s u r a n c e i s a drrrirri.s te r ed by each state.
An industry with no previous ernpl.oyrrierit record in Georgia is taxed at 2.7% on the first $4,200 of each e rrrployee ' s earnings until an e mpl o yrnerrt record i s established - - app r ox irna te l.y ei ghteen rno nth s , Each f'i r m ' s ernpl.oyrne nt record is de te r m ine d p r irna r i l y by its history of ernploye e layoffs. On the basis of the ernp'Ioyrnent record, the rate of taxation varies f r orn 3/100 of 1% to 4.5 % of taxable w age s . 1
The average tax rate for Georgia Eir m s has declined steadily since in c ep t i on of the p r ogr arn - - f r orn 2. 7% in 1939 to 1.1 % in 1971.
In 1972, sixty- seven percent of all cove r edf Georgia employers paid les s than 1% on taxable w age s . And twenty percent paid the lowest possible rate for 1972, 8/100 of 1%.
Detailed statistics on unerriployrrient insurance can be found in the Georgia DepartITlent of Labor Annual Report, 1972. The report presents historical data for over three decades and is available f r orn the Depa r-trrie nt of Labor.
1Rates below 1/10 of 1% and above 4.2% are brought about only by a surplus or deficit in the State fund.
2Excludes all erriploye r s wi t h no ernployrnent record w h o are paying 2.7%.
14

WORKMEN'S COMPENSATION Georgia does not levy a tax for workmen's compensation. The work force is protected from job connected accidents by the Georgia Workmen's Compensation Act which requires employers of ten or more to either carry insurancEf-or be self-insured. Selfinsured companies must provide proof of financial ability to the Workmen's Compensation Board. The Board may require the posting of a bond. Private insurance companies r ec eaving premiums from Georgia employers forward approximately 1 %1 of the premiums to the Workmen's Compensation Board to provide for the administration of the Board. Self-insured companies forward to the Board the same percentage of the premiums they would have paid.
11. 14% in 1970 2Rates with private insurance companies generally range f r orn
$.08 to $9.00 per $100 of payroll.
15

COR PORA TE REGISTRATION FEES
All corporations trans a ctin g bus ine s s in Georgi a rnu s t r e gi ster w i th- the S e cretary of State.
Initial Re gistration - Do me s ti c c o rp o r a t i o n s pay $ 1 5 (non-recurring) to file articles of incorporation with the Se c retary of State. Fo rei gn corporations pay $ 10 0 (n o n - recurring) for certificate of authority to transact business in Georgia.
Annual Report - B oth dom e s tic and forei gn c orpora ti ons pay $5 annually to file an annual report with the Secretary of State. Corporations are not required to file their financial s tat e rrient s , The required a nnual report (f o r m F-38) is sho wn below.

Form 1'- 38

ST ATE 01' GE O RG IA
CERTI FIED STATEMENT FOR ANNUAL REPORT OF A CORPORATIO N
GA . LAW 1968 REQ UIR ES EVE R Y CO RPO RAT ION TO STATE REG IST ER ED AGEN T AND OI' I'I CE

NAMEOI' CORPO RATION :

_

PRI NCIPAL OI'I' ICER

T IT LE

ADDR ESS

_

PR INCIPAL OI' I' ICE R

T ITL E

ADDRESS

_

PRINCIPAL OI'I'ICER

TITLE

AD DRESS

_

PRINCIPAL O I'I' ICE R

TITLE

ADDR ESS

_

' R EGIST ERED AG ENT IN GA .:

C1T Y

STAT E

_

' REGIST ERED OI'FI CE IN GA .: (St ree t and No .)

CIT Y

_

PRI NCI PAL OI' I'I CE IF FO RE GIN: (SI. and No. ) WHEN INCORPORATED ( Da te) WHERE INCO RPOR AT ED (CIT Y)

CIT Y BEGAN OR WILL BEGI N BUSINE SS IN GA. (Date)
COUN T Y

ST AT E

_

_

STAT E

_

AUTIIORI ZED CAPIT AL STOCK

_

TO TilE HON . BEN W. FORTSON , JR .. SECR ETARY 01' STATE ATLANTA 3, GA.

CAPITAL STOCK ISSUED

_

I he reb y certi fy th at the ab ove sta teme n t furni shed th e Secretary o f St at e of th e St at e o f Geor gia fo r reco rd . as requi red by law. is co rrec t.

Signed by

TITLE

D AT E

. 19

CORPORATE OI' I' ICER

PENALTY PRO VISIONS O N REV ER SE SIDE

RECORDI NG FEE nV E DOLLA RS ANNU AL LY

16

APPENDICES

COUNTY TOWN INDEX

APPLING Baxley
ATKINSON Pea rso n Willacoochee
BACON A lm a
BAKER Newton
BALDWIN Milledgeville
BANKS Alto Baldwin Maysville
BARROW Auburn Carl Statham Winder
BARTOW Adairsville Cartersville Emerson Kingston Wh it e
BEN III LL Fitzge rald
BERRIEN Alapaha En igma Nashville Ray City
BIBB Macon
BLECKLEY Cochran
BRANT LEY Hoboken Nahunta
BROOKS Barwic k Mor ven Quitman
BRYAN Pembroke Richmond Hill
BULLOCII Broo k let Port al Stat esboro
BURKE Midville Sardis Waynesboro
BUTTS Flo villa J ackson Jenkinsburg
CALHOUN Arlington Edison Leary
~t o rga n
CAMDEN Kingsland SI. Marys Wo od bine

CANDLER Metl er
CARROLL Bowdon Carrollto n Roopville Te mpl e Villa Rica Whitesburg

COWETA Grant ville Moreland Newnan Senoia Sharpsbu rg Tu rin
CRAWFORD Robert a

CATOOSA Fort Oglethorpe Ringgold

CRISP Arabi Cor de le

CIl ARLTON Folkston Homeland
CIIATHAM Pooler Port Wentworth Savannah Savannah Beach Thun derbolt

DADE Trent on
DAWSON Dawsonville
DECATUR Att apulgus Bainb ridge Climax

CHATTAIlOOCIl EE Cusseta
CHATTODGA Lye rly Menlo Summerville Trion
CIlE ROKEE Ballground Canton Holly Springs Wa lesk a Woodstock

DEKALB Avondale Estates Chamblee Clarkston Decat u r Do raville Lithon ia Pine Lake Stone Mount ain
DODGE Chauncey Chester Eastm an Rhine

CLARKE Athens Win te rville
CLAY Fort Gaines
CLAYTON Ellenton Forest Park J onesboru Lake City Mo rrow Riverdale
CLINCH Homerville

DOOLY Byro mville Lilly Pineh urst Unadilla Vienna
DOUGHERTY Albany
DOUGLAS Douglasville
EARLY Blakely Dam ascu s Jakin

COBB Acwor th Austell Kennesaw Mariet ta Powder Springs Smyrna

ECIIOLS Sta tenville
EFFINGIIAM Gu yton Rincon Springfield

COFFEE Ambrose Broxt o n Douglas Nic ho lls
COLQUITT Berlin Doerun Mou ltrie Norm an Park
COLUMBIA Grovetown Harlem
COOK Adel Cecil Lenox Sparks

ELBERT Bow man Elbe rt on
EMANUEL Ad rian Garfield Stillmore Summe r town Swainsbo ro Twin City
EVANS Bellville Claxton Hagan
FANNIN Blue Ridge McCaysville Mineral Bluff Morgan ton

FAYETTE Bro ok s Fayetteville Tyrone
FLOYD Cave Spring Rome
FORSYTII Cumming
FRANKLIN Canon Carnesville Franklin Springs Lavo nia Ro ysto n
FULTON Alpharett a Atlanta College Park East Point Fairburn Hapeville Mount ain Park Palme tt o Roswell Union City
GILMER East Ellijay Ellijay
GLASCOCK Gibson Mitchell
GLYNN Brunswick
GORDON Calhou n Fairmount Plainville
GRADY Cairo Whigham
GREENE Greensbo ro Union Point
GWINNETT Berkley Lake Buford Dacula Duluth Grayson Lawrenceville Lilburn No rcross Snellville Sugar Hill Suwanee
Il ABERSII AM Clarkesville Corne lia Demorest Mount Airy
IIALL Clermont Flowery Branch Gainesville Gillsville Lula Oakwood
HANCOCK Sparta
IlARALSON Bremen Buchanan Tallapoosa Waco

HARRIS Hamilton Pine Mountain Shiloh Waverly Hall
HART Bowersville Hartwell
HEARD Frank lin
Il ENRY Hampton Locust Gro ve McDon o ugh Stockbridge
HOUSTON Centerville Perry Warner Robins
IRWIN Ocilla
JACKSON Braselton Commerce Hosch ton Jefferson Pendergrass
JASPER Monticello Shady Dale
JE FF DAVIS Haze lh ur st
J EF F ERSON Avera Bartow Lo uisville Stapleton Wadley Wrens
J ENKINS Millen
JOHNSON Kite Wrigh tsville
JO NES Gray
LAMAR Barnesville Milner
LANIER Lake land
LAURENS Cadwell Dublin D"d ley East Dublin MonI rose
LEE Leesburg Smithville
LIBERTY Hinesville Riceb o ro
LINCOLN Linco lnton
LONG Ludowici

LOWNDES Hahira Lake Park Valdost a
LUMPKIN Dahlonega
MACON Ideal Mar sh all ville Montezuma Ogletho rpe
MADISON Carlton Colbert Comer Danielsville Hull lIa
MARION Buena Vista
MCDUFFIE Dearing Thomson
MCINTOSH Darien
MERIWETHER Gay Greenville Lu thersville Manchester Warm Springs Wood bury
MILLER Colq uit t
MITCIIELL Baco n to n Camilla Pelham Sale City
MONROE Cullod en For syt h
MONTGOMERY Ailey Mount Vernon Tarryto n Uvalda
MORGAN Buckhead Madison Rutledge
MURRAY Chatswort h Etou
MUSCDGEE Bibb City Co lumbu s
NEWTON Covington Mansfield Newbo rn Oxfo rd Por ter dale
OCONEE Bishop Bogart Watk insville
OG LETHORPE Crawford Lexington

PAULDING Dallas Hiram
PEACII Byro n Fort Valley
PICKENS Ja sper Nelson Talking Rock
PIERCE Blackshear Pa tt e rson
PIKE Con cord Meansville Molena Williamson Zebulon
POLK Ceda rtown Rock mart
PULASKI Hawkinsville
PUTNAM Eatont on
QUITMAN Geo rgetown
RABUN Clayton Tallulah Falls
RANDOLPII Coleman Cut hbe rt Shellman
RICHMOND August a Hepzibah
ROCKDALE Conye rs
SCHLEY Ellaville
SCREVEN Newington Oliver Rocky Ford Sy lvan ia
SBII NOLE Don alsonville Iron City
SPALDING Griffin
STEPHENS Avalon Martin Tocco a
STEWART Lumpkin Richland
SUMTER Americus Andersonville Leslie Plains
TALBOT Geneva J unction City Talbo tton Woodland

TALIAFERRO C rawfordvi lle Sha ron
TATTNALL Collins Glennville Manassas Reid sville
TAYLOR Bu tler Reynolds
TELFA IR Helen a Lumber City McRae Milan Scotland

WARREN Camak No rw ood Warren to n
WASIlI NGTON Davisbo ro Harr iso n Oco nee Sande rsville Tennille
WAYNE Jesup Odu m Screven
WEBSTER Preston Westo n

TERREL L Bro nwood Dawso n Parrott Sasser
m OMAS Boston Coolidge Meigs Ochlocknee Pavo Tho masville
TIFT Omega Tif to n Ty Ty
TOOMBS Lyon s Vid alia
TOWNS Hiawassee Young Harris

WHEELER Alamo Glenwood
WIlITE Cleveland Helen
WIlITFI ELD Dalt on
WILCOX Abbeville Pineview Pi tt s Rochelle
WILKES Tignall Washin g ton
WILKINSON Gord on l ve y McI n ty re Too mbsboro

TREUTLEN So per t on
TROUP Hogansville Lafirange West Point

WORTII Pou lan Sumner Sy lvest e r Warwick

TURNER Ashburn Rebecca Sycamore

TWIGGS Danville Jeffersonville

UNION Blairsville

UPSON Thomasto n Yatesville

WALKER Chickamauga Lafaye tte Linwoo d Rossville

WALTON Loganville Lookout Mountain Mo nro e Social Circle-

WARE Waycross

19

CITY
Abbeville Acworth Adairsville Adel Adria n Ailey Alamo Alapaha Albany Alma Alpharett a Alto Ambr ose Ameri cu s Andersonville Arabi Arlingto n Ash bu rn Athens At lan t a At tapulgus Aub u rn Augusta Austell Avalon Avera Avon dale Esta tes Baco n to n Bainb ridge Baldwin Ball Ground Barnesville Bartow Barwick Bax le y Bellville Berlin Berkle y Lake Bibb City Bishop Blairsville Blackshear Blakely Blue Ridge Bogar t Bost on Bo wd on Bowersville Bowman Brase lt on Bremen Bronwood Brooklet Brooks Broxt on Bru nswick Buchan an Buckhead Buena Vista Bu for d Butler By ro m ville By ron Cadwe ll Cairo Calhoun Camak Cam illa Canon Canto n Carl Carlto n

COUNTY
Wilcox Cob b Bartow Cook Emanu el Mont gomer y Wheele r Be rr ie n Doughert y Bacon Fu lt on Ban k s Co ffee Sumter Sum ter Crisp Calh oun Turn er Clar ke Fult on Decatur Barrow Rich mond Cobb Ste phens J e fferso n DeKaib Mitchell Deca t u r Banks Cheroke e Lamar J e fferso n Brooks Appling Evans Colquitt Gwinnett Muscogee Oconee Union Pierce Early Fannin Ocone e Th om as Carr oll Har t Elbe rt J ack son Ha ralso n Terr ell Bulloch Faye tte Coffee Gly n n Ha ralso n Morgan Marion Gwinnett Tay lo r Dooly Peach Laurens Grad y Go rd o n Wa rren Mitchell Fra nk lin Cherokee Barrow Madison

TOWN-COUNTY INDEX

CITY
Carn esville Carro llt on Carte rsville Cave Spring Ceci l Cedart own Center ville Chamb lee Cha t swo rth Chaun cey Cheste r Ch icka mauga Clarke sville Clarksto n Claxto n Clayto n Clermo nt Cleveland Climax Coc hra n Colbe rt Coleman College Park Collins Colquitt Colum bu s Com er Comm erce Con cord Cony ers Co olid ge Co rdele Corneli a Covin gt on Craw for d Crawfo rdville
Culloden Cumming Cusseta Cut hber t Dacula Dahlonega Dallas Dalt on Dam ascu s Danielsville Danville Darien Davisbo ro Dawson Dawson ville Dearing Decatur De mor est Doerun Do nalso nville Dor aville Douglas Doug lasville Dubli n Dudley Duluth East Dublin East Ellijay Eastma n East Point Eatonton Edison Elber to n Ellaville Elle n ton Ellijay

COUNTY
Franklin Car rol l Bartow Floyd Cook Polk Ho usto n DeKaib Murray Dodge Dodge Walke r Ha be rsh am DeKalb Evans Rabun Hall White Decatu r B1 eck ley Madison Rand olph Fult on Tatt nall Mille r Muscogee Madison J ackson Pike Rockda le Th om as Crisp Habersham Newt on Oglet horpe Taliaf err o Monr oe For syth Chatt ahoo chee Randolph Gwinnett Lumpkin Paul d ing Whit field Early Madison Twiggs Mcint osh Washington Terr ell Dawson McD u ffie DeKaib lI a be rsha m Colq uitt Seminole De Kalb Cof fee Douglas Laur en s Lauren s Gwinn ett Lauren s Gilme r Do dge Fu lt on Pu t na m Calhoun Elbe rt Schley Clay to n Gilmer

20

CITY
Emer son Enigma Eton Fairburn Fairm ont Fayett eville Fit zgerald Flovilla Flowery Branch Folk ston Forest Park Fo rsyth Fort Gaines Fort Ogleth orp e For t Valley F ra nk lin Frank lin Springs Gainesville Gar field Gay Gene va Georget own Gibson Gillsville Glennv ille Glenwood Gord on Gra n tville Gray Grayson Green sbo ro Greenville Griffin Grovet own
Guyt on Hagan Hah ira Hamilton Hampto n Ha pe ville Harlem Harr ison Ha rt we ll Hawk insville Hazlehu rst Helen Helena Heph zibah Hiawassee Hinesville Hiram Hob oken Hogansville Holly Springs Hom eland Homerville Hosch ton Hull Ideal lIa Iron City lvey Jackson J ak in J aspe r J e fferso n J e f fer so n ville J en k insb u rg J esu p
J on esbo ro Jun ction City Kenn esaw

COUNTY
Bart ow Be rr ie n Mu rra y Fult on Go rdon Fayette Ben Hill Butt s Hall Cha rlton Clay ton Monroe Clay Catoosa Peach Heard Frank lin Hall Emanu el Meriweth er Talbo t Quitman Glascock Hall Ta t t nall Wheeler Wilkinson Cow eta J o nes Gwinn ett Greene Meriwethe r Spaldin g Columbi a Effin gham Evans Lowndes Harr is Henr y Fult on Colum b ia Washi ngt on Hart Pulask i Jeff Davis White T elfa ir Richm ond Town s Libert y Pauldin g Bran tl ey Troup Chero kee Charl to n Clinch J ackso n Mad iso n Maco n Mad iso n Se m ino le Wilkinson Butt s Early Pick e ns J ack so n Twiggs Butt s Wayne
Clay to n Talb ot Cob b

CITY
Kingsland Kingsto n Kite laFaye tt e l a G ran ge Lake land Lake City Lake Park Lavo nia Lawrenceville Leary Leesburg Lenox Leslie Lexin gt on Lilbu rn Lilly Lincolnto n Linwood Lithonia Locust Grove Logansville Lookou t Mount ain Louisville Ludowici Lula Lumber City Lumpkin Luthersville Lyerly Lyon s Macon Madison Manassas Manchester Mansfield Mariett a Marshallville Martin Maysville McCaYSVille McDo nou gh Mci n ty re McRae Meansville Meigs Menlo Metter Midville Milledgeville Milan
~Iill e n
Milne r Mineral Bluff Mitchell Molena Mo nroe Mo n tezu ma Monti cello Mont rose Mo reland Morgan Morgant on Morr ow Mo rven Moult rie Mount Airy Mount Vernon Mount ain Park Nahun ta Nashville Nelso n Newbo rn Newington Newnan Newt on Nicholls

COUNTY
Camden Bart o w Joh nson Walker Trou p Lanier Clayt on Lownd es Franklin Gwinne t t Calhoun Lee Cook Sumter Oglet horpe Gwinne tt Dooly Lincoln Walker DeKalb Henry Walt o n Walker Jefferson Lo ng Hall Telfair Stewart Meriwether Chattooga To omb s Bibb Mo rgan Tattn all Meriweth er Newton Cobb Macon Stephens Banks Fannin Henry Wilki nson Telfair Pike Thomas Cha ttooga Candler Burke Baldwin Telfair J enk ins Lamar Fannin Glascock Pike Walt o n Macon Jasper Laurens Coweta Calho un Fannin Clay to n Brooks Colq uitt Habersham Mo n tgo mery Fult o n Brantle y Berrien Pickens Newt on Screven Coweta Baker Coffee

TOWNCOUNTY INDEX

CITY
Norcro ss Norman Park Norwood Oakwood Ochlocknee Ocilla Oconee Odu m Ogleth or pe Oliver Omega Oxford Palmett o Parro tt Patt erson Pavo Pearso n Pelham Pemb roke Pend ergrass Perry Pinehur st Pine Lake Pine Moun tain Pineview Pitt s Plains Plainville Pooler Po rt al Port erdale Por t Wentworth Poul an Powder Springs Preston Quitman Ray City Rebecca Reidsville Reynolds Rhine Ricebo ro Richland Richmond flill Rincon Ringgold Riverdale Robert a Rochelle Rockmart Rocky Ford Ro me Roop ville Rossville Roswell Ro yst on Rut ledge SI. Marys Sale City Sandersville Sardis Sasser Savannah Savannah Beach Scot land Screven Senoia Shady Dale Sharon Sharpsburg Shellman Shiloh Smi thville Smyrna Snellville Social Circle Sopert on

COUNTY
Gwinnell Co lquitt Warren Hall Thomas Irwin Washington Wayne Macon Screven Tift Newton Fu lt o n Terrell Pierce Thomas Atk inson Mitchell Bryan Jackson Hou st o n Dooly DeKalb Harris Wilcox Wilcox Sumter Gordon Chatham Bulloch Newton Chat ham Worth Cohh Webster Brooks Berrien T urn er Tatt nall Taylor Dodge Liberty Stewa rt Bryan Effingham Catoosa Clay to n Crawford Wilcox Polk Sc reven Floyd Carroll Walker Fu lton Franklin Morgan Camden Mitchell Washington Burke Terrell Chatham Chatham Telfair Wayne Cowet a J asper Taliaferro Coweta Randolph Harris Lee Co bb Gwinnett Walt o n Treut len

CITY
Sparks Spa rt a Springfield Staplet on State sbor o Statham Stillmore St ockbrid ge Stone Mount ain Sugar Hill Summertown Summerville Sumner Suwanee Swa insbo ro Sycamo re Sylvania Sylvester Talbott on Talking Rock Tallapoosa Tallulah Falls Tarryton Temple Tennille Thomast on Thomasville T ho mso n Thunderbolt Tifton Tignall Toccoa Toomsboro Trenton Trion Turin Twin City Tyrone Ty Ty Unadilla Union City Union Po int Uvalda Valdosta Vidalia Vienn a Villa Rica Waco Wadley Waleska Warm Springs Warner Robins Warrenton
Warwick Washingt o n Watkinsville Waverly Hall Waycross Waynesboro Weston West Point Whigham White Whitebur g Willacoochee Williamso n Winde r Winte rville Woodb ine Woodbur y Woodland Woodstock Wrens Wrightsville Yatesville Young Harris Zebul on

COUNTY
Cook Hancock Effingham J eff erson Bulloch Bar row Emanuel Henry DeKaib Gwinnett Emanue l Chatt ooga Wo rth Gwinnett Emanue l Tu rne r Screven Worth Talbo t Pickens Haralson Rabun Mont gomery Carroll Washingt o n Upson Tho mas McDu ffie Cha th am Tift Wilkes Step hens Wilkinson Dade Chattoog a Cowet a Emanuel Fayette Tift Dooly Fulton Greene Mont gomery Lowndes Too mb s Dooly Carroll Haralson Jefferson Cherokee Meriwether Ho ust o n Warren
Wo rth Wilkes Oco nee Harris Ware Burke Webster Troup Grady Bartow Carroll Atkinson Pike Barrow Clarke Camden Meriweth er Tal bo t Cherokee J e fferso n J o hnso n Upson Towns Pike

ADDITIONAL SOURCES OF
TAX INFORMATION
Georgia Department of Labor. Annual Report,.l..2.1f... 40 p. free.
Contains an account of the programs and operations during 1972. Includes current and historical statistical data on unemployment insurance. Available from the Department of Labor, Manpower Resources Division, Atlanta 30334.
Crosby, David U., and John A. Blackman, e d s , Corporate Income Tax Laws ~ Georgia and The Regulations Issued Thereunder. Atlanta: Georgia Department of Revenue, 197 O. 38 p. free.
Reprints the regulations of the Income Tax Unit of the Revenue Department which are applicable to corporations. Available from the Department of Revenue, Research and Public Information, Atlanta 30334.
Georgia Business Corporation Code (effective April 1, 1969). State of Georgia. 264 p. $2. 00
A reprint of Act No. 982 (Senate Bill No. 230) as approved by the 1968 session of the General Assembly. Available from the Secretary of State, Corporate Division, State Capitol, Atlanta 30334.
Georgia Department of Revenue. The Georgia Retailers I and Consumers' Sales and Use Tax Act. 36 p, free.
Reprint of the Sales and Use Tax Act. Available from the Department of Revenue, Research and Public Information, Atlanta 30334.
Georgia Department of Revenue. 1972 Statistical Report. 44 p. free.
Pres ents revenue collections and trends. Compares Georgia to the nation and region. Gives selected tax data by type and/ or county. Available from the Department of Revenue, Research and Public Information, Atlanta 30334.
22

Hudson, Dugald, W. SUITunary ~ the Workmen's Compensation Law ~ Georgia. Atlanta: Georgia State University, 1973. 6 p. 10.
A summary designed to provide a broad understanding of the basic operation of the Workmen 's Compensation Law in the State of Georgia. Available from the Center for Insurance Research, 100 Edgewood Avenue, Atlanta 30303. Georgia Departm.ent of Revenue. Tax Guide, 1972. 61 p. free. Emphasizes the taxes adm.inistered by the Department. Lists the legal citation for each tax. Also lists the operating units, addresses and unit directors. Available from the Department of Revenue, Research and Public Inform.ation, Atlanta 30334. Williamson, Marion. Unemployment Compensation: How!.o Control the Cost of. Atlanta: Georgia Business and Industry Association. 5 p, free. Offers sixteen suggestions to the ernploye r in com.plying with the law and in securing the greatest advantages under the experience rating provisions. Available from. GBIA, 181 Washington St., Atlanta 30303.
23

TAX COMPUTATION FORM

An estimate of Georgia taxes rnay be derived by cornpletin g the worksheet below.

PROPERTY TAX

land and building ma chi.ner y & equipment inventory

fair mar-ket (value in $1 , 000 s)
$- - - - - -

total

x

(eff e cti v e rate)

:$:<:.

_

INTANGIBLE PROPER T Y

fair rnar ket

(va l u e in $1 , 0 0 0 s )

stocks & bonds

$- - - - - - x

collateral security loans

x

moriey, receivables,

short t e r rn rno r-t ga g e

notes, patents and

copyrights

x

$1. 00 .25
. 10

Total

$- - - - -

$,

_

CORPORATE INCOME TAX

est. adjusted

net Income

[$

x

percent earned in Ga .

(fa cto r B, page 10)

[

%]

x

[ 6% ]

CO R PO R AT E FRANCHIS E TAX tax fr o m table on page 12

SALES & USE TAX

Retail purchases (s e e exernprions page 13)

supplies , rna.t e r ia.Ls electricity, fuel other

(est. value)
$- - - - - -

total

x

3%

UNEMPLOYMENT INSURANCE

taxable wages $

_ x e sti mated rate
(see page 14)

$- - - - $- - - - -
$,- - - - $- - - - -

WORKMEN 'S COMPENSATION (see page 15)

Total tax liability

24

$- - - - -
$=======

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