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December tax revenues down 5%; adjusted YTD down 2 5%

December tax revenues down 5%; adjusted YTD down 2 5%
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Georgia s May Net Tax Revenues Up 68 1 Percent

The State of Georgia’s May net tax collections approached $2.66 billion for an increase of roughly $1.08 billion, or 68.1 percent, compared to May 2020 when net tax collections totaled $1.58 billion. Year-to-date, total net tax collections totaled almost $24.40 billion for an increase of roughly $3.59 billion, or 17.2 percent, compared to the previous fiscal […]

Georgia s Net Tax Revenues Up 3 7 Percent in March

The State of Georgia’s net tax collections for March totaled nearly $1.90 billion for an increase of almost $67 million, or 3.7 percent, compared to March 2020, when net tax collections totaled $1.83 billion. Year-to-date, total net tax collections approached $18.94 billion, for an increase of roughly $1.55 billion, or 8.9 percent, compared to FY […]

Kemp: January tax collections rise 7 5%

The State of Georgia’s net tax collections for January totaled $2.53 billion, for an increase of $175.6 million over January 2020, according to numbers released Tuesday by Gov. Brian Kemp s office.  The increase is 7.5% higher than for this month a year ago when net tax collections approached $2.36 billion. The report from the governor s office said year-to-date net tax collections totaled $15.10 billion, for an increase of $898.1 million, or 6.3%, compared to the previous fiscal year, when net tax revenues totaled almost $14.21 billion. The monthly report outlined the following changes that boosted January s overall net tax revenue hike: Individual Income Tax: Individual Income Tax collections increased by a total of $85.7 million, or 6.3 percent, compared to last year when Income Tax collections totaled $1.35 billion. The following notable components within Individual Income Tax combine for the net increase. Individual Income Tax refunds issued (net of voided checks) declin

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