Trucking Industry Warning – Georgia

Georgia’s New Title Ad Valorem Tax (“TAVT”) will go into effect on March 1, 2013, as Georgia House Bill 80 remains in a state of flux. The trucking industry is getting tax again! This means that the purchase of a truck/tractor in Georgia will have a new TAVT of $8,125. The current Ad Valorem taxes for this same truck/tractor would be approximately $375 per year. The trucking company will have to keep the truck approximately 21.67 years to break-even. The result is an increase tax cost of $6,625 assuming the truck/tractor is ran in the fleet for four (4) years. Call your House Representatives today and start planning ways to reduce your cost by calling National Fleet Services LLC.

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