Earn From 1% To 8%
Of Your Investment Expenditure,
Every Year, As A 50% Tax Credit
Available to Companies Who:
• Have had a Georgia presence for at least three years
• Are in the Manufacturing or Telecommunication Industry
• Have a minimum of $50,000 in combined capital investments in a given year
• Have capitalized cost directly related to the manufacturing process
• Have capitalized cost related to improvement of an existing facility or construction of a new facility in Georgia
Value To You:
• Up to 50% of a company’s Georgia income tax liability
• From 1% - 8% of the capital expenditure depending upon location by county
Note:
• Retroactive for all open tax years – Investments over the past 3 years included
• Credits may be allocated to affiliated corporations on the original return filed
• Can be used instead of, but not with, the Job Tax Credit for the same project
• Unused credit can be carried forward for up to 10 years
Increased Amount Available With:
• Increased Georgia port activity
• Investment in Recycling processes and/or facilities
• Investment in Pollution Control processes and/or facilities
