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Birthday Tax

Friday, February 15, 2013

County Officials Prepared for Tax Change on Auto Sales

In Gwinnett, the "birthday tax" ends March 1 for car buyers, and a "title tax" takes effect.

Although other counties may be making special preparations, Gwinnett County tax officials say they are prepared for the coming tax change on auto sales. "We don't think we'll have a big problem" handling the routine of the new "title tax" that takes effect March 1, said Paula Martin of the Gwinnett tax commissioners office. On that date, the annual "birthday tax" expires for state vehicle owners who purchase a new vehicle. It means that people purchasing a vehicle will pay a one-time "title tax" -- 6.5 percent in 2013 -- as opposed to the annual ad valorem tax that is due on the vehicle owner's birthday. -- How do you feel about the new vehicle "title tax"? Will it change your car buying decision? Share your thoughts in the comments below…

Friday, January 11, 2013

Title Tax on New Georgia Vehicles Goes in Effect March 2013

House Bill 386 replaces the annual ad valorem tax on newly purchased vehicles.

The so-called "birthday tax" that Georgia vehicle owners pay will end in March 2013 -- for people who purchase a new vehicle. Effective March 1, 2013, House Bill 386 removes the sales tax and the annual ad valorem tax on newly purchased vehicles, according to a Gwinnett County newsletter. Instead, there will be a new title tax of 6.5 percent in 2013 -- only due each time the vehicle is sold and titled. It applies to dealer sales as well as sales between individuals.You'll pay this tax in the county where you register the vehicle. -- Will the new Georgia tax affect your decision to purchase a new vehicle? Use the comments box below to respond. However, you will continue to pay the annual ad valorem tax on vehicle(s) that you currently own. …

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