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Uae Build > Blog > UAE > Business > Georgia lawmakers approve income tax cuts for people and businesses
Business

Georgia lawmakers approve income tax cuts for people and businesses

By admin
Last updated: May 23, 2024
1 Min Read
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ATLANTA (AP) — Income taxes for Georgia residents and businesses are set to fall after the state Senate gave final passage to a pair of tax cuts Wednesday.

House Bill 1015, which passed 40-12, would accelerate an already-planned income tax cut for individuals. House Bill 1023, which passed 34-17, would decrease the corporate income tax rate to match that of individuals. Both measures head to Republican Gov. Brian Kemp, who is expected to sign them…



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