SALT Report 2009 – The Georgia Department of Revenue revised its guidance on the 10-year, 1% transportation special purpose local option sales tax (T-SPLOST) that took effect on January 1, 2013. Revisions include the following:
The TSPLOST will only be imposed on the first $5,000.00 of any transaction involving the sale or lease of a motor vehicle, and
In accordance with O.C.G.A. Section 48-8-3(57)(D)(i), food and beverages are not exempt from the T-SPLOST or any other local taxes
All sellers are required to report the T-SPLOST separately through the Georgia Tax Center or on Form ST-3 for those who file paper returns.
For Further Information: