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Georgia tax revenues up slightly in May

Georgia tax collections were up slightly last month compared with May of last year, Gov. Nathan Deal reported Wednesday.

Tax revenues for May totaled almost $1.76 billion, an increase of 1.8 percent over May 2017. For the first 11 months of the current fiscal year, net tax collections were up 4.8 percent at $20.73 billion.

Individual income taxes rose by 1.4 percent last month. Gross sales taxes increased by 7.2 percent, while net sales tax collections went up by 3.3 percent.

Corporate income…

Atlanta Business Journal
Georgia tax revenues up slightly in May