Federal New Markets Tax Credits (NMTC) - The NMTC program aims to attract private investment to underserved neighborhoods and financially support catalytic projects that provide services or create quality jobs.
Job Tax Credit – $1,750 per new job created, minimum 15 new jobs, that can offset 50% of a company’s income tax liability.
Film, Television, and Digital Entertainment Tax Credit - Film and television companies may receive a tax credit of up to 30% of money spent on production and post- production in Georgia, either in a single production or on multiple projects. The minimum spending amount is $500,000. Companies producing feature films, television series, music videos, commercials, interactive games, or animation may qualify.
Investment Tax Credit – Manufacturing and telecommunications companies may receive up to 3% credit toward 50% of their tax liability by making a minimum $100,000 investment in a new or existing facility in Georgia.
High-Paying Job Creation Tax Credit – Companies may receive Quality Jobs Tax Credits (QJTC) if they create and maintain net new jobs that pay at least 110% of the city’s average wage.
