"Birthday Tax" on Vehicles Disappears on March 1
HB 386 replaces the annual ad valorem tax on newly purchased vehicles.
Cherokee County Tax Commissioner's Office
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Thursday, February 28, 2013
Sunday, January 13, 2013
New Georgia Vehicle 'Title Tax' Takes Effect in March 2013
HB 386 replaces the annual ad valorem tax on newly purchased vehicles.
Friday, January 11, 2013
New Georgia Vehicle 'Title Tax' Takes Effect in March 2013
HB 386 replaces the annual ad valorem tax on newly purchased vehicles.
The so-called "birthday tax" that Georgia vehicle owners pay will end in March 2013 – for people who purchase a new vehicle. Vehicles purchased on or after March 1 and titled in the state will be exempt from sales and use tax and the annual ad valorem tax, according to the Georgia Department of Revenue. Instead, due to the passage of House Bill 386, these vehicles will be subject to a new, one-time title ad valorem tax that is based on the value of the vehicle. If you buy a new vehicle where you were paying sales tax on it, now it's called a title tax and is pretty much the same rate. It's going to be 6.5 percent in 2013, 6.75 percent in 2014, in year three it will increase to seven percent and so on. However, you will not be paying the …
Debra DeBord
9:07 pm on Thursday, February 28, 2013
My mother is 70 and by no means wealthy. Some of those seniors paid the same type of tax that you now pay. With inflation considered, I am sure they paid amounts similar to yours. Would you rather pay $1300 a year forever or just pay that amount till you reach 65 and then get a cheaper rate? The seniors have paid their fair share of the taxes which go to pay for education. They paid for my … more ›