Marietta Military Zone
The state of Georgia has announced that census tract 308 in the city of Marietta has received the designation as a Military Zone by the state of Georgia's Department of Community Affairs. The program will encourage new businesses to locate in the city or existing businesses to expand here. When two or more jobs are created, businesses may be eligible to receive $3,500 in employee tax credits for each new job.
Marietta's Military Zone (census tract 308) includes portions of Roswell Street, Cobb Parkway (Hwy. 41), South Cobb Drive and Atlanta Street. If your business is located in census tract 308 and creates two or more new full-time jobs to the state of Georgia, it may receive $3,500 in employee tax credits per job for five years. The designation began in tax year 2011.
Tax Credit Example
308 with Aerial