Kemp6

Governor Brian Kemp: Reports 1.6 Percent Increase in Net Tax Revenue

Georgia

ORGANIZATIONS IN THIS STORY

Capitol Beat: State Tax Revenues See Slight Uptick

Georgia tax collections rose slightly last month compared to May of last year after two consecutive months of soaring revenues caused by a delay in last year’s filing deadline until mid-May.

The state Department of Revenue collected almost $2.7 billion last month, up 1.6% from May of 2021. That modest increase followed a 78.9% hike in tax receipts in April and a 45.5% jump in March, both resulting from moving the filing deadline from mid-April.

Original source found here.

ORGANIZATIONS IN THIS STORY

More News