Georgia is the #1-ranked state for opportunity zone credits for businesses for the last seven years. As of 2019, there are over 40 state and local tax credits available to Georgia-based businesses.

The most aggressive and lucrative tax credits available are the Job Tax Credit and Quality Job Tax Credit programs. These tax credit programs allow companies to offset 100% of their state withholding tax liability.

Recognizing the rapid economic development potential for Georgia businesses, CTA now offers full-service expertise in computing and substantiating these opportunity zone credit incentives.  The Atlanta office of CTA has added two state and local tax credit experts with over 20 years of experience to help Georgia businesses in obtaining these tax credits.

Job Tax Credits - Georgia businesses located in a tax incentive zone can qualify to receive up to $3,500 per qualified job, per year, for five years. This totals up to $17,500 per qualified job. Qualifying for the Job Tax Credit allows the business to apply for an additional $500 to $1,750 in bonus tax credits per year, for five years.

• Joint Development Authority Tax Credit Bonus – Businesses that earn the Job Tax Credits can qualify to receive an additional $500 per qualified job per year for the next five years if the business is located in a county with a Joint Development Authority.
• Port Activity Tax Credit Bonus – Businesses that earn the Job Tax Credits and also import/export through the port of Savannah may qualify to receive an additional $1,250 tax credit bonus on top of the Job Tax Credit and Joint Development Authority Tax Credit Bonus.

Quality Job Tax Credits - Georgia businesses that are creating high paying jobs can receive up to $5,000 per job per year for 7 years, totaling up to $35,000 per qualified job.

JTC with Bonuses vs Quality Job Tax Credits

JTC with Bonuses 5 Year Windows