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.
PROPERTY TAXES
2010
Property Taxes per $1,000,000
of fair market value:
-
Bartow County - $10,352
-
City of Cartersville
- $11,172
- City of Adairsville
- $12,344
- Cities of Emerson,
Kingston, White, Euharlee, & Taylorsville - $10,888
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 3 community with a multi-county Joint
Development Authority.
- Job Tax Credit - $1,750
per job with 15 jobs or more created in Bartow County
- Investment Tax Credit -
1% credit with $50,000 or more invested in Bartow County
- Optional Investment Tax
Credit - 6% credit with $20 Million or more invested in
Bartow County
- Port activities may
increase all three of the above
- Also available are:
Retraining Tax Credit, Child Care Credit, R&D Tax
Credit, Small Business Growth Companies Tax Credit,
Headquarters Tax Credit, Sales & Use Tax Exemptions on
Manufacturing Machinery, Computer Sales & Use Tax
Exemption, Primary Materials Handling Sales & Use Tax
Exemption, Electricity Sales & Use Tax Exemption
LINKS
Georgia Economic Development Financing Assistance
Georgia Tax Credits
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