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The Railroad Track Maintenance Tax Credit, also known as the 45G Tax Credit, is a federal income tax credit for track maintenance conducted by short lines and regional railroads in the United States. The credit granted an amount equal to 50 percent of qualified track maintenance expenditures and other qualifying railroad infrastructure projects ...
The following month, the city’s Tax Incentive Review Council reported that GE had created just 954 jobs at The Banks with a payroll of $111.8 million. That document, dated July 24, reported a ...
A special-purpose local-option sales tax ( SPLOST) is a financing method for funding capital outlay projects in the U.S. state of Georgia. It is an optional 1% sales tax levied by any county for the purpose of funding the building of parks, schools, roads, and other public facilities. [1] The revenue generated cannot be used towards operating ...
The Business Energy Investment Tax Credit ( ITC) is a U.S. federal corporate tax credit that is applicable to commercial, industrial, utility, and agricultural sectors. Eligible technologies for the ITC are solar water heat, solar space heat, solar thermal electric, solar thermal process heat, photovoltaics, wind, biomass, geothermal electric ...
The tax benefit came as a byproduct of House Bill 481, known as the “heartbeat" personhood measure, which bans abortions around six weeks into pregnancy in Georgia, effective on July 20, 2022.
Georgia has dropped an effort to cap its billion-dollar film and TV tax credit, after the state House and Senate could not reach agreement on the issue. Lawmakers have been working for nearly a ...
The Georgia Public Service Commission ( PSC) is a statutory organ of the state government of Georgia; elected among five commission districts, the board consists of a Chairman, a Vice-chairman, and three Commissioners. PSC regulates telecommunications, transportation, electric and natural gas services in the U.S. state of Georgia. [1]
Succinctly, the current CTC for 2023 is a $2,000 credit per qualifying child. For a taxpayer to claim the CTC, a qualifying child must meet the 3-A's test (i.e., Age, Address and Allowable ...
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