December tax revenues down 5%; adjusted YTD down 2 5% griceconnect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from griceconnect.com Daily Mail and Mail on Sunday newspapers.
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 […]
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 […]
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