POPULATION: 9,992,167 (2013 U.S. Census estimate)
LABOR FORCE: 4,767,323 (2013 annual average, Source: GA Dept. of Labor, Workforce Information & Analysis, Local Area Unemployment Statistics Unit)
RIGHT TO WORK: yes
STRATEGIC INDUSTRIES:Advanced manufacturing, automotive, aerospace, health sciences and advanced technology, business and financial services, logistics, energy, defense, agribusiness, food processing, film, music, digital entertainment, tourism
COLLEGE GRADUATES: (Age 25 and over with BA or
higher) 28.9%
BASIC BUSINESS TAXES:
Corporate Income Tax: 6 percent
of income apportioned to
Georgia (single sales factor formula
for corporate income tax)
Sales Tax: 4 percent; counties
levy an additional 2-3 percent
local sales tax
Property Tax: Millage rates vary
by county and city
BUSINESS INCENTIVES:
Job tax credits
Investment tax credits
Quality Jobs Tax Credit
Mega Project Tax Credit
Ports Activity Tax Credit
Film/multimedia tax credits
Retraining tax credits
Childcare tax credits
R&D tax credits
Sales & use tax exemptions (including on manufacturing machinery & equipment, primary material handling equipment, and energy used in manufacturing)
Inventory tax exemptions
Hiring assistance
(Georgia Dept. of Labor)
Quick Start (employee training)
HOPE Scholarship and Grant
Entrepreneur and small business development tax incentives
Angel Investor Tax Credit
Centers of Innovation
Enterprise zones
Foreign-trade zones
Export Finance Fund
Source: Georgia Department of Labor, 1st Quarter 2014, Quarterly Census of Employment and Wages
