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When
your business prospers, the entire community flourishes. With this
knowledge, Cartersville and Bartow County strive to continually improve
their business-friendly environment. By design, many of the costs
related to business are lower here than elsewhere. Combine the low cost
of doing business with the local government’s "can-do" attitude,
and new or relocating businesses will discover that Cartersville and
Bartow County will become their #1 choice. |
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PROPERTY TAXES
2011
Property Taxes per $1,000,000
of fair market value:
-
Bartow County - $10,352
-
City of Cartersville
- $11,164
- City of Adairsville
- $12,336
- Cities of Emerson,
Kingston, White, Euharlee, & Taylorsville - $10,880
SALES TAX
Cartersville and Bartow County have a 3% local sales tax in addition to the 4% state sales tax.
FREEPORT STATUS
Georgia's Freeport Law offers manufacturers, distributors, wholesalers,
and warehouse operations inventory tax exemption on three (3) categories
of property:
1) Manufacturer's raw materials and goods in process, 2) Finished goods held by the original manufacturer, and 3) Finished goods held by distributors, wholesales, and manufacturers destined for out-of-state shipments. Freeport Status provides a tax break on manufactured inventory at the end of the tax year.
- City of CARTERSVILLE - 20%
- City of ADAIRSVILLE -
80%
- BARTOW COUNTY -
80%
STATE TAX CREDITS
Details are available on the
following to fully assess a company's eligibility and the
appropriate strategy for utilization of these tools.
Bartow is a Tier 2 community with a multi-county Joint
Development Authority.
- Job Tax Credit - $3,000
per job with 10 jobs or more created in Bartow County.
Credits may be taken against 100 percent of state
corporate income tax liability. Credits that are
claimed by not used in any taxable year may be carried
forward for 10 years from the close of the taxable year
in which qualified jobs were established.
- Investment Tax Credit -
3% - 5% credit with $50,000 or more invested in Bartow County
- Optional Investment Tax
Credit - 6% - 10% credit with $5 Million - $20 Million invested in
Bartow County
- Port Tax Credit Bonus may
increase all three of the above.
- Also available are:
Quality Jobs Tax Credit Mega Project Tax Credit Retraining Tax Credit Child Care
Tax Credit
R&D Tax Credit Small Business Tax Relief
Work Ready Reimbursements Work Opportunity Tax
Credit Program (WOTC) Sales & Use Tax Exemptions on
Qualified Equipment Georgia Film Tax Credit Inventory Tax Exemption Foreign-Trade Zone
LINKS
Georgia Economic Development Financing Assistance
Georgia Tax Credits
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