POPULATION: 9,685,744 (2008 estimate)
LABOR FORCE: 4,847,650 (2008 estimate)
RIGHT TO WORK: Yes
STRATEGIC INDUSTRIES: Advanced manufacturing, automotive, aerospace, health sciences and advanced technology, business and financial services, logistics, energy
COLLEGE GRADUATES: (Age 25 and over) 27.5%
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; some counties levy an additional 1 to 3 percent local sales tax
Property Tax: Millage rates vary by county and city and currently range from 14.23 to 51.25 mills per $1,000 of fair market value; the average millage rate is 31.1
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
Inventory tax exemptions
Hiring assistance (Georgia Dept.of Labor)
Quick Start (employee training)
28 technical colleges
HOPE Scholarship and Grant
Entrepreneur and small business development tax incentives
Enterprise zones
Foreign-trade zones
Export Finance Fund