Cost of Doing Business

5.75%
corporate income tax
#1
state for business
86.2%
cost of doing business
5.75%
corporate income tax
#1
state for business
86.2%
cost of doing business

Georgia's single factor apportionment formula applies the corporate tax rate only to gross receipts or sales in Georgia, significantly reducing the corporate tax liability for companies with significant sales outside of the state.

Local Property Tax Millage Rates
City of Guyton 2.720
City of Rincon 0
City of Springfield 4.800
Effingham County 8.337
Effingham County Schools 17.500
Effingham Health System 2.310
Effingham Industrial Development Authority 2.000
Local property taxes are assessed at 40% of fair market value.  Ex:  (FMV*0.40)*Millage Rate = Taxes Owed
 
Effingham County has 100% freeport tax exemption for raw materials, work in process, and finished goods
 

Sales tax in Effingham County is 7% (4% state, 3% local)

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