Quote:
Originally Posted by HarryT
I can't think of any property other than "real estate" which one is taxed merely for owning. If you own a chair, there's no "chair ownership tax". What did you have in mind?
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The county property tax, for businesses in Georgia, tax all property that the business owns. This includes chairs, desks, showcases, computers and even inventory. I consider inventory an expense until I sell it. Governments seem to consider inventory an income even if you do not sell it.
Apache