Under the Georgia Job Tax Credit (JTC) Program, businesses located in Less Developed Census Tracts (LDCTs) and engaged in manufacturing, warehousing and distribution, processing, telecommunications, tourism, or research and development industries may be eligible for the state's highest job tax credit benefit level. If other requirements are met. Defined Business Enterprises, located in LDCTs that create 5 net new jobs within a single tax year may apply for the tax credit of $3,500 per eligible net new job created. Businesses may claim the job tax credits for up to five years, as long as the jobs created are maintained.
Only applicable to Georgia Target Industries
Job Creation minimum of five (5) eligible net new jobs
Highest JTC - $3,500 tax credit per job, per year, for 5 years (as long as the jobs are maintained)
Maximum Use of Credit - Claimable against 100% Georgia Income Tax liability
Use of Excess Credit - Excess credit claimable against 100% payroll withholding taxes
Carry Forward - Unused credits may be carried forward for 10 years
The DCA ranks the state’s census tracts by December 31 of each year. The most current census tract detail is applicable to a 2018 tax year beginning on or after January 1, 2018. To view a complete listing of designated Less Developed Census Tracts for 2017 and 2018 and other program related documents click here.