Marietta Military Zones
The Military Zone Job Tax Credit (JTC) Program provides additional benefits to business located in specified census tracts or additionally designated areas which are adjacent to a military base and considered to be "less developed" or have a higher rate of poverty.
Business located in areas designated as Military Zones may qualify for a $3,500 tax credit for 5 years when 2 or more eligible new jobs a created within a single tax year. The job tax credit can be taken against a new or existing businesses Georgia income tax liability and withholding taxes. The law allows for any lawful business to qualify for the credit, including retail, so it is not limited to specific industries like the state’s regular job tax credit program. Businesses may claim the job tax credits for up to five years, as long as the jobs created are maintained.
A complete overview of the Military Zone job tax credit, including the steps for filing for the job tax credit can be found in the Military Zone Job Tax Credit Fact Sheet (PDF).
- Provides for businesses of any nature to qualify, not just a defined "business enterprise."
- Highest benefit level allowed under the JTC Program - $3,500 per job, per year, for 5 years (as long as the jobs are maintained)
- The lowest job creation threshold - minimum of two (2) net new jobs (the persons in the two jobs may not be married to each other).
- Use of Job Tax Credits against 100 percent of Georgia income tax liability and withholding taxes.
Program Rules and Regulations
Census tracts which are located adjacent to a military base and have pervasive poverty of at least a 15 percent poverty rate, as reflected in the most recent decennial census are eligible for Military Zone designation. Businesses within these census tracts, which may be effected by the loss of the Military Zone designation, will benefit by filing a Notice of Intent by March 31, 2019 to preserve existing benefits for an additional three (3) years. The Department of Community Affairs ranks the state’s census tracts by December 31 of each year.