The Georgia Job Tax Credit is a statewide job tax credit for any business or headquarter engaged in manufacturing, warehousing and distribution, processing, telecommunications, tourism, or research and development industries, but does not include retail businesses. If other requirements are met, job tax credits are available to businesses of any nature, including retail businesses in counties recognized and designated as the 40 least developed counties.
Georgia Retraining Tax Credit – A company’s direct investment in training can be claimed as a tax credit – 50 percent of the employer’s direct cost up to $500 per approved training program. The total amount of credit cannot exceed $1,250 per employee per year.
Training programs must be approved by the Technical College System of Georgia. This tax credit can be used to offset up to 50 percent of a company’s state corporate income tax liability. The credit is available to all Georgia businesses that file a Georgia income tax return.