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Old 01-19-2019, 02:51 PM
 
9 posts, read 16,873 times
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Can someone clarify that after July 2019, you only have to pay 3% tax on a vehicle you are bringing in from out of state? I live out of state and really need to buy a car now, but am moving to Georgia this summer. Any info greatly appreciated. I don't understand the new bill
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Old 01-19-2019, 10:01 PM
 
Location: East Side of ATL
4,586 posts, read 7,708,686 times
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Quote:
House Bill 329 is a revision to Georgia’s title ad valorem tax (TAVT) on cars, which lawmakers tinkered with almost every session since its 2012 creation. The measure reduces the fee on vehicles new residents bring into the state to 3 percent from 7 percent. It also adjusts the state’s distribution formula for how vehicle tax revenues are split between local governments and the state treasury, making it somewhat more favorable to cities and counties than in the past.
https://gbpi.org/2018/georgia-lawmak...s-tax-changes/

https://www.ajc.com/news/state--regi...2qAnMG20f6RFN/
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Old 01-20-2019, 05:41 AM
 
4,757 posts, read 3,365,054 times
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I'm glad new residents won't be getting double taxed as harshly. I had to pay over 1,000 bucks when I moved back. I should now actually start benefiting from what they have in place. What a way time flies!
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