October 21, 2024

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Georgia 2024 Tax Changes

Georgia 2024 Tax Changes. The georgia general assembly annually considers updating certain provisions of state tax law in response to federal changes to the internal revenue code (irc). Brian kemp will sign house bill 1015 and other tax legislation into law on thursday.


Georgia 2024 Tax Changes

1015 (act 378) lowers the flat individual income tax rate for 2024 from 5.49 percent to 5.39 percent. On april 26, 2022, georgia governor brian kemp signed into law hb 1437, which replaces the current graduated personal income tax with a flat rate of 5.49% effective january 1, 2024, with.

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