Manufacturers in Georgia may purchase energy at a reduced rate of sales tax. For example, the combined state and local rate of sales tax in Appling County is 8% for general sales, while the combined sales tax rate for energy sold to manufacturers in Appling County is 4%. The difference adds up over time.
The Georgia Department of Revenue has updated the following charts for October 1, 2014:
- Georgia sales and use tax rate chart.
- Georgia sales and use tax rates for energy sold to manufacturers.
Local sales tax rates don’t change for manufacturers; it’s the state rate that changes. For ordinary Main Street shoppers and the like, the state sales tax rate is 4%. For manufacturers buying energy, it is 2%.
Sales tax can be particularly challenging for manufacturers and distributors. In Georgia, for example, manufacturers are eligible for certain exemptions as well as reduced rates.
Automated sales tax software helps businesses collect and remit the proper amount of sales tax effectively and efficiently. Learn more.
photo credit: alan.stoddard via photopin cc
