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Thursday, May 2, 2024

New Sales and Use Tax To Begin April 2024

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Mayor Garnett L. Johnson | City of Atlanta

Mayor Garnett L. Johnson | City of Atlanta

Richmond County residents will experience a half-penny sales and use tax increase starting April 1, 2024, aimed at funding the construction of a new James Brown Arena. The decision, disclosed by an unnamed source, is a part of the county's efforts to enhance its infrastructure and public amenities.

According to the same source, the administration of this sales tax rate increase will be overseen by the Georgia Department of Revenue. This move aligns with the government's strategy to ensure transparency and efficiency in managing tax revenues for essential development projects.

The new tax initiative is expected to generate significant revenue to support the envisioned James Brown Arena project. Residents and businesses in Richmond County are encouraged to stay informed about the upcoming changes by visiting the official website at www.newaugustaarena.com. Additionally, individuals can access the Georgia Sales and Use Tax Rate Chart on the Georgia Department of Revenue's website for detailed information on current and upcoming tax rates.

For those interested in receiving timely updates on tax rate changes, the Georgia Department of Revenue offers a convenient registration option for rate change alerts at https://dor.georgia.gov/taxes/sales-use-tax/sales-tax-rates-current-historical-and-upcoming. This service aims to keep taxpayers informed and prepared for the implementation of the new sales and use tax starting April 2024.

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