Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Nearly 5% rise in net tax revenues in March

Calculator with a tax button magnified
JJ Gouin - stock.adobe.com
/
699320574

Tax revenue in the state of Georgia is up this month by almost 5% compared to what it was in March of last year.

Thanks to the changes in Individual Income Tax, Sales and Use Tax, and Corporate Income Tax, March’s net tax revenue saw a 4.8% increase compared to March 2025.

Some of the changes include the increase of Individual Income Tax refunds issued rising by nearly 5%. Gross Sales and Use Tax saw an increase of nearly 8% over last year. Most notably, Corporate Income Tax collections increased by almost 14% compared to March 2025.

The year-to-date net tax revenue collections are up nearly 2% compared to the 2025 fiscal year.

Motor Fuel Tax collections also saw a small increase of 0.5% compared to March of last year.

Alexzundra Tillman is a part-time reporter and producer. She is currently pursuing her masters degree in Film and Television studies at UGA and hopes to work at the cross section of these two fields in the future.
Related Content