Get GA Business Personal Property Tax Return - Fulton County 2023

Fulton County Property Tax FAQ The Fulton County tax rate is 9.330 mills based on a 40% assessment rate. There is also a city and school tax. The Fulton County Board of Education millage rate is 17.590 mills.

All property in Georgia is taxed at an assessment rate of 40% of its full market value. Exemptions, such as a homestead exemption, reduce the taxable value of your property.

The Fulton County effective property tax rate is 1.16%.

Under Georgia Law, the Board of Tax Assessors determines the "Fair Market Value" of the property and then "Assesses" it at 40% for taxation purposes. This 40% value, less any applicable exemptions, is multiplied by the Millage rate to determine the tax liability of a given year.

All real property and all personal property are taxable unless the property has been exempted by law. (O.C.G.A. 48-5-3) Real property is land and generally anything that is erected, growing or affixed to the land; and personal property is everything that can be owned that is not real estate.

All property in Georgia is taxed at an assessment rate of 40% of its full market value. Exemptions, such as a homestead exemption, reduce the taxable value of your property.

• All businesses are required by law to file the Business Personal Property. • Tax Return (PT-50P) to the Tax Assessor's Office by April 1st of each year. • Personal property includes machinery, equipment, furniture, fixtures, inventory, supplies, and construction in progress.

All property in Georgia is taxed at an assessment rate of 40% of its full market value. Exemptions, such as a homestead exemption, reduce the taxable value of your property.