Budget and Taxes Press Releases & Statements Staci Fox Major Tax Bills Take Effect with Beginning of Fiscal Year 2025 July 1, 2024 / July 1, 2024 by Staci Fox Today, July 1, marks the beginning of Fiscal Year 2025, bringing several major pieces of legislation into effect in Georgia. These include: House Bill 1015: Reduces the flat personal income tax rate from 5.49% to 5.39%. House Bill 1023: Aligns the state’s corporate income tax rate to its personal income tax rate, reducing it to […] Read more »
