Georgia Investment Tax Credit
The GA ITC rewards Georgia manufacturers for making capital investments in our state. Like the Job Credit, the ITC’s value varies depending on your location and can offset up to 50% of your state income tax liability.
1-8% Credit
of total qualified investment
Up to 50%
reduction of state income taxes
10 Years
Credit carry forward period
15 Min
Free qualification call
WHAT IS THE GEORGIA INVESTMENT TAX CREDIT?
A Credit for the Investors…
If you run an established manufacturing or telecommunications operation in Georgia and you’re reinvesting in it, the state will hand back a slice of that investment. The Georgia Investment Tax Credit is worth 1% to 8% of your qualified capital investment — machinery, equipment, buildings, and improvements — on projects of $50,000 or more.
It’s designed for companies that have been in Georgia for at least 3 years and are upgrading or expanding. There’s one important choice built in: on a given project you can take either the Investment Tax Credit or the Job Tax Credit — not both — so picking the right one is part of the value.
How the GA ITC Works
The credit is a percentage of your qualified capital investment, and the percentage depends on two things: your county tier and the type of investment. As with the GA JTC, the ITC relies on the annual county tier rankings of each Georgia county. Lower tiered counties receive a higher credit amount. Additionally, equipment that is placed in a special category can also earn a higher rate.
The credit can offset up to 50% of your Georgia income tax liability. Unused credit can be carried forward up to 10 years.
For Standard Building & Equipment Investments
This includes general manufacturing or telecom equipment and buildings.
| County Tier | Credit Rate |
|---|---|
| Tier 1 | 5% |
| Tier 2 | 3% |
| Tier 3 & 4 | 1% |
For Special Category Investments
This includes recycling equipment, pollution control equipment, or converting a defense plant to new manufacturing.
| County Tier | Credit Rate |
|---|---|
| Tier 1 | 8% |
| Tier 2 | 5% |
| Tier 3 & 4 | 3% |
Who can Qualify?
Eligibility requires that your company:
- Must have operated a manufacturing or telecom support facility in Georgia for at least three years.
- Must make qualified investments of $50,000 or more; the construction or acquisition of property used in manufacturing or telecom, such as machinery, equipment, buildings, and improvements.
This credit rewards established Georgia operations reinvesting in themselves, not new companies moving or starting in the state.
Allow Eagle Advisory Partners to provide a credit assessment…
no cost, no obligation.