|
Starting today, Georgia residents will switch from the annual “birthday tax” on cars to a new car tax. Residents of Georgia will now pay a onetime fee instead of the usual annual tax expected to be paid when registering the vehicle. Georgia residents will currently pay a onetime 6.5% tax that is planned to increase faintly each new year. There are some choices though. For instance, if Georgia residents purchased the vehicle between January 2012 and February 2013 then they may choose to pay the new tax or continue to pay the “birthday tax.” If Georgia residents purchased the vehicle prior to January 2012 then they are still obligated to pay the “birthday tax.” The new tax law pertains to all cars purchased in Georgia regardless of where it was bought. If you are planning to move to Georgia keep in mind you will have to pay the new tax on any car that you register in Georgia. In the event you pass on the car to an immediate family member, then at this time that family member is responsible for a reduced fee (0.5 % of the total vehicles worth) in order to title the car. This does not apply if the one time title ad valorem tax has not been paid. If you are a disabled veteran then you are exempt from paying this new tax. Also, cars older than 1985, will not be required to pay the new tax since the vehicle is not required to have titles. For more information on this matter please visit www.newtitletax.com or www.911TaxRelief.com
Related Articles -
tax debt relief, irs problem, tax problems, free tax, debt relief, free tax debt help, irs tax debt, tax relief assistance, irs tax debt help, debt ad,
| 
