With ever increasing competition for manufacturing companies, Georgia is at a competitive disadvantage as the only state in the Southeast that still charges sales tax on the cost of energy used in manufacturing. Depending on the business, this tax is often one of the most expensive budget items a business pays. The Georgia Chamber considers this a priority issue for the state legislature to remedy.Our Position
The Chamber supports changes and modifications to the state’s current tax code that will increase competitiveness and encourage job creation and retention.Our Position
The Georgia Chamber of Commerce supports creation of an independent tax tribunal for disposition of state tax disputes. Similar entities at the state and federal level have resulted in a more streamlined disposition of tax disputes as well as more transparency and predictability.Our Position
For more than two years, the Georgia Chamber was part of efforts begun by the Special Council on Tax Reform and Fairness for Georgians to bring about meaningful tax changes to make Georgia more economically competitive. Those efforts culminated this past year in passage of HB 386 which was signed into law by Governor Deal. As the New Year approaches and many of the provisions become effective as of January 1, we thought it might be helpful to update you on the major provisions and their potential impact on Georgians.
The Georgia Chamber held its first Tax Forum last November in Atlanta, discussing Georgia's tax system with a number of key leaders and stakeholders. The Chamber now has several of the panel discussions posted online, with links to audio and presentations.
The Georgia Chamber of Commerce helps you track tax legislation in the General Assembly. Be sure to check back during the session for the latest information.