The state of Georgia imposes a four percent retail sales tax. An optional local two percent tax is charged on purchases of all goods and utilities.
A personal income tax is levied on persons reporting $20,000 or more on the federal income tax forms. The state personal income tax on the amount over $20,000 is a flat 6 percent.
Property taxes are assessed on 40% of the fair market value of the property. Applied to this amount are millage rates, which are levied by various governing authorities. The Chatham Area Transit Authority levies a small tax in some service areas. Owner-occupied homes are eligible for homestead exemptions, and additional exemptions apply to certain categories of senior citizens.
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