Tax Exemptions

There are two types of tax exemptions that reduce the cost of doing business in Marietta. The Freeport Inventory Tax Exemption exempts companies from paying state and local property taxes on qualifying inventory held in their factories and warehouses. Georgia's Sales Tax and Use Tax Exemptions allows businesses to purchase various goods and services tax free.


Freeport Inventory Tax Exemption


Georgia businesses pay no state property taxes on inventory held in their factories and warehouses. In many Georgia counties, inventory is exempt from local property taxes as well. The city offers a 100% Freeport exemption on all qualifying inventories. There are three categories of property that qualify for the exemption.


How to Apply


Freeport Inventory Tax Exemptions are processed by the Cobb County Tax Assessor's Office and completed forms must be filed between January 1 and April 1. Visit the Cobb County Tax Assessor's website to download an Application for Freeport Exemption and view frequently asked questions.

Eligible Inventory


A Freeport Exemption may exempt the following types of tangible personal property:
  • Inventory of finished goods manufactured or produced in Georgia held by the manufacturer or producer for a period not to exceed 12 months.
  • Inventory of finished goods on January 1 that are stored in a warehouse, dock, or wharf that are destined for shipment outside of Georgia for a period not to exceed 12 months.
  • Inventory of goods in the process of being manufactured or produced including raw materials and partly finished goods.

Sales Tax and Use Tax Exemptions


Georgia helps companies lower their cost of doing business by offering the ability to purchase various types of goods and services tax free.  Many types of machinery and equipment are exempt from both state and local sales taxes. Together, that amounts to a 5-8 percent savings on purchases.


Eligibility


For a complete list of exemptions with descriptions download the 2016 List of Georgia Sales and Use Tax Exemptions (PDF).


How to Apply


Sales and Use Taxes and Exemptions are processed by the Georgia Department of Revenue (DOR). Visit the DOR's website for complete information on Sales and Use Tax Exemptions.