Georgia’s net tax collections during August totaled $2.41 billion, for an increase of 3.2 percent, compared to August 2024 when net tax collections approached a total of $2.34 billion.
Year to date, net tax revenue collections were $4.91 billion for an increase of $4 million, or 0.1 percent, compared to the prior fiscal year when net tax collections totaled $4.90 billion after two months.
Individual Income Tax: Collections during the month totaled nearly $1.16 billion — an increase of 1.8 percent, from a total of roughly $1.14 billion in August of FY 2025.
Sales and Use Tax: Gross Sales and Use Tax collections for August totaled $1.66 billion, which was an increase of $83.3 million, or 5.3 percent, over FY 2025. Net Sales and Use Tax increased by 8.2 percent, compared to August 2024 when net Sales Tax revenue totaled $759.6 million. The adjusted Sales Tax distribution to local governments totaled $830 million for an increase of $18.2 million, or 2.2 percent, from the previous fiscal year, while Sales Tax refunds increased by $2.9 million compared to FY 2025.
Corporate Income Tax: Corporate Income Tax collections for August totaled $39.8 million, which was a decrease of $4.5 million compared to last year, when net corporate income taxes totaled $44.3 million.