Georgia’s tax collections continued to climb in April, according to newly released state revenue figures, reflecting continued growth in sales tax and corporate tax revenues statewide.
State officials reported net tax collections increased compared to the same period last year, continuing a trend of higher revenues during the current fiscal year. Much of the increase was driven by gains in sales and use taxes along with stronger corporate income tax collections.
According to state figures, Georgia collected more than $2.6 billion in net tax revenue during the most recently reported month, representing an increase of nearly 5 percent over the previous year. Year-to-date collections also remain ahead of last year’s pace.
Sales and use tax collections showed some of the strongest growth, reflecting continued consumer spending across the state. Corporate income tax collections also posted double-digit gains compared to the prior year.
Governor Brian Kemp has pointed to the continued revenue growth as evidence of Georgia’s strong economic performance while also supporting recent state income tax rebates now being distributed to eligible taxpayers statewide.
The Georgia Department of Revenue says tax rebate payments began going out this week to qualifying taxpayers who filed their state returns on time. Eligible filers could receive up to $500 depending on filing status.








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