New Tax Exemptions Available for Georgia Concrete Companies

In June, the Georgia legislature passed a series of sweeping tax-related bills, many of them providing breaks or incentives to Georgia businesses. Among them was House Bill 247 which adds concrete mixing companies to the state’s broad sales tax exemption for manufacturers.

We believe the addition of concrete mixing companies to the business “mix” on this tax exemption is long overdue. While the bill itself was fairly short and straightforward, execution of it by businesses impacted may not be. There are opportunities for concrete mixing companies that are easily overlooked due to the extensive list of exemptions available, a separate limited-time list of exemptions and select forms to complete accurately and submit.

In addition, surrounding states offer their own versions of exemptions; if your business operates in multiple states, it is imperative that you take advantage of these sales tax exemption opportunities.

The process of navigating departments of revenue of Georgia and other jurisdictions can be confusing, time consuming and ultimately costly in terms of lost opportunity and significant audit exposure if you don’t fully understand the process and the rules.

Smith and Howard’s sales and use tax group brings recent, successful experience helping concrete mixing companies take advantage of these exemptions as well as opportunities for tax abatements on off-road diesel fuel usage including fuel consumed for the use in transit trucks. We have multiple case studies and success stories that illustrate the value we can bring to your business.

Please contact Tim Howe, author article and Partner in our Sales and Use Tax Group at 404-874-6244 or simply fill out the brief contact form below and Tim will get back with you quickly.