Motor Fuel Tax: The State Excise Tax is levied at 7 ½ cents per gallon of fuel purchased. This amount is one of the lowest taxes of its type in the country.
Worker’s Compensation: Georgia law requires employers to insure against job-related accidents. Georgia operates in a competitive insurance market and companies bid for the lowest cost of insurance. The cost of the insurance depends on specific job categories involved and the amount of the payroll.
Unemployment Insurance: The initial rate of unemployment insurance is 2.7% of each employee’s first $8,500 earnings. After an employment record is established in Georgia (36 months), companies are given a new rate based on the history of employee separation. For companies with the best records, there is no unemployment tax required.
Personal Income: Georgia residents are subject to a tax on their net income. Rates range from one to six percent.