Business located in Marietta’s Military Zones (MZs), Opportunity Zones (OZs), and Less Developed Census Tracts (LDCTs) may qualify for the state of Georgia’s highest job tax credits. Businesses who meet state Job Tax Credit Program requirements for OZs, MZs, and LDCTs can receive a $3,500 state income tax credit per new job for up to 5 years. The job creation threshold for program certification to receive OZ and MZ job tax credits is 2 new jobs in a single year. The job creation threshold for program certification to receive LDCT job tax credits is 5 new job in a single year. Businesses located in Designated Areas can use job tax credits against 100 percent of Georgia income tax and withholding tax liability.
For further details regarding job tax credit regulations, please review the Georgia Department of Revenue code.
Below are additional tax credits that new and current businesses may utilize. Businesses may also explore Georgia’s Business Incentives Brochure Opens in New Window for more information on state tax credits.
|Job Creation Tax Credits Program (JTC) Opens in New Window|
|Investment Tax Credits Opens in New Window|
|Port Activity Tax Credit Bonus Opens in New Window|
|Quality Jobs Tax Credits Opens in New Window|
|Research & Development Tax Credits Opens in New Window|
|Retraining Tax Credits Opens in New Window |
|Entertainment Tax Credits Opens in New Window|
|Work Opportunity Tax Credit (WOTC) Opens in New Window|
|Child Care Tax Credit Opens in New Window|