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I got news for you Georgia isn't the only state with this type of tax. Most counties in most states derive a large part of their income from this type of tax. It is called property taxes. And you pay on everything you own, not just the inventory. If your business owns a computer, or any other type of equipment you pay taxes on it every year. Mine used to be due January 1st. A few years ago they changed it to November 15th. And yes I know that you get to depreciate your equipment, but come on they tax you on everything include office furniture. ie chairs and tables.
Apache
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