Audit: Georgia Sales Tax Exemption on Manufacturing Proving Major Economic Driver
Monday, January 9th, 2023
Georgia’s sales tax exemption on inputs used in manufacturing is a loser in the strict sense of its net impact on state and local tax revenues, according to a new audit.
However, the tax break more than pays for itself in terms of investment and jobs created in the state’s manufacturing businesses, the Center for Business Analytics and Economic Research at Georgia Southern University concluded in a report commissioned by the Georgia Department of Audits and Accounts. See more.