Tax Credits Overview
Businesses who locate within Designated Areas may be granted a state income tax credit of $3,500, per eligible new job while businesses in other locations of the city, must meet Tier 4 Job Tax Credit Program requirements to receive a tax credit of $1250. Businesses located in Designated Areas can use job tax credits against 100 percent of Georgia income tax and withholding tax liability. Businesses granted tax credits based on Tier 4 program requirements can use the credit towards 50 percent of income tax and withholding tax liability.
Designated Area Tax Credits
Business located in Marietta's Opportunity Zones (OZs), Military Zones (MZs) 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.Link to page
State Tax Credits
Information about the Tier 4 Job Tax Credit, Quality Jobs Tax Credit, and the Retraining Tax Credits.Link to page
Additional Tax Credits
Work Opportunity Tax Credit (WOTC) and Child Care Tax Credit information and links.Link to page