Georgia Tax Collection

February revenues up 4 percent

by Staff Reports

Gov. Nathan Deal announced this week that Georgia’s net tax collection for February totaled $796 million for an increase of nearly $31 million, or 4 percent, compared to February 2012.

After eight months in the current state fiscal year, net tax collections are up almost $595 million, or 5.6 percent, compared to this same point last year.

Individual Income Tax collections in February totaled $207.5 million — down from $235.75 million in February 2012, for a decrease of $28.2 million, or down 12 percent.

Net Sales and Use Tax collections for February totaled $446.25 million, up $34 million, or 8.3 percent. Gross sales tax collections increased $23 million, or 3 percent, compared to FY2012. The distribution to local governments fell $6.5 million to $348 million and sales tax refunds decreased $45 million, relative to February 2012.

Corporate Income Tax collections for February increased $31 million, or 92.3 percent, compared to last year’s net collections of $33.5 million.


More Business

Shared Wisdom

The purpose of it all

I visit with businesses all the time. It’s part of my job to be out there in the trenches, on the street talking and building client r ... Read More


Business Briefs

Wendy’s coming to Newnan Crossing Construction is moving along quickly on the new Wendy’s on the Newnan Crossing Bypass, near t ... Read More


Take this job and stuff it

Local taxidermist celebrates almost three decades of service in Coweta

As a young boy, Steve Bradley was often found by the side of his father. Even as a master mechanic, Bradley’s father always held a sec ... Read More


CharterBank donates $5,000 to local organizations

The winners of CharterBank’s annual Customer Voting Program received $5,000 donations from the Charter Foundation. The local organizat ... Read More


Business Briefs

BJ’s donates $21,000 to Atlanta Community Food Bank In honor of the 30th anniversary of BJ’s Membership Club, and to commemorate ... Read More

Second mile service part of legacy of Chick-fil-A’s Cathy

S. Truett Cathy, founder of the successful Chick-fil-A restaurant chain, died early Monday at the age of 93. As a business owner, Cathy was ... Read More