Up to 50% of your training costs, as a 50% tax credit.
Qualified Training Includes
- Newly Implemented Technology
- Newly Installed Equipment
- Software Implementation & Upgrades
- Total Quality Management
- ISO 9000 Standards
- Self-Directed Work Teams
Value To You
- Up to 50% of direct training costs
- Up to a maximum of 50% of your total Georgia income tax liability
- Up to $500 per approved training program per employee per year – With no limit on the number of programs an employee can take in year
Note:
- Retroactive for all open tax years – training over the past 3 years included
- Unused credit can be carried forward for up to 10 years
- May be allocated to affiliated corporations
- May be used along with the Jobs or Investment tax credits
Eligible Employees
- Georgia residents
- First-line employees and immediate supervisor
- Continuously employed with the company for a minimum of 16 weeks
- Full-time employees (employed for a minimum of 25 hours per week)
Training Sources
Retraining may be provided by any qualified source, including in-house company trainers, training vendors, e-learning, technical colleges, and universities.