Georgia’s internet tax collections up 30% in September

Web tax income in Georgia was $2.8 billion in September, representing a $655 million improve – or 30.3% – in contrast with September 2020, Gov. Brian Kemp’s workplace stated.

Particular person earnings tax collections for September totaled about $1.4 billion, representing a rise of about $166 million (13.2%) in contrast with final yr. Particular person earnings tax refunds decreased by $15 million (17%).

Web gross sales and use tax assortment elevated by $334.6 million (104.8%) in contrast with final yr. The adjusted gross sales tax distribution to native governments was $768.3 million, a 16.9% lower in contrast with fiscal yr 2020.

Company earnings tax collections had been $264.9 million for the month, representing a few $133.5 million improve (50.4%) in contrast with fiscal yr 2021.

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