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Georgia Tax Credit Tiers Map
This map shows the job tax credit tiers which is important as it relates to the location of the cannabis production sites.
The law states that the facility must be in a Tier 1 or 2 location.
TIER | JOB TAX CREDIT $ (FOR 5 YEARS) | MIN. NEW JOBS | USE OF CREDITS | CARRY FORWARD |
---|---|---|---|---|
1 | $4,000 | 2 | 100% OF TAX LIABILITY | 10 YEARS |
2 | $3,000 | 10 | 100% OF TAX LIABILITY | 10 YEARS |
3 | $1,750 | 15 | 50% OF TAX LIABILITY | 10 YEARS |
4 | $1,250 | 25 | 50% OF TAX LIABILITY | 10 YEARS |
P.O. Box 1445
Fayetteville, GA 30214
Phone: 770-412-2331; 470-452-5361
Email: msylvester@ggbcc.org or
Email: vthomas@ggbcc.org
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