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A special-purpose local-option sales tax ( SPLOST) is a financing method for funding capital outlay projects in the U.S. state of Georgia. It is an optional 1% sales tax levied by any county for the purpose of funding the building of parks, schools, roads, and other public facilities. [1] The revenue generated cannot be used towards operating ...
This ranks Georgia 25th among the states for total state and local tax burden. [124] The state sales tax in Georgia is 4% [125] with additional percentages added through local options (e.g. special-purpose local-option sales tax or SPLOST), but there is no sales tax on prescription drugs, certain medical devices, or food items for home ...
California has the highest base sales tax rate, 7.25%. Including county and city sales taxes, the highest total sales tax as of September 1, 2013, was in Arab, Alabama, 13.50%. [ 2] Sales tax is calculated by multiplying the purchase price by the applicable tax rate. The seller collects it at the time of the sale.
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Georgia's early adoption of a sales tax in 1929 was followed by a wave of sales tax adoptions, spurred on by the deep financial crisis. [4] In 1933, 11 more states, including New York, Illinois, California, and Michigan, adopted sales taxes.
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Website. dor .georgia .gov. The Georgia Department of Revenue ( GDOR) is the principal tax collection agency in the U.S. state of Georgia. The Department administers tax laws and enforces laws and regulations concerning alcohol and tobacco products in the state. [ 1] The Georgia Department of Revenue is headquartered in Atlanta, Georgia.