The governing authority of any county or municipality may elect, with the approval
of the voters, to exempt the following types of tangible personal property:
Inventory of goods in the process of being manufactured or produced including raw
materials and partly finished goods;
Inventory of finished goods manufactured or produced within this State held by the
manufacturer or producer for a period not to exceed 12 months;
Inventory of finished goods on January 1 that are stored in a warehouse, dock, or
wharf which are destined for shipment outside this State for a period not to exceed
The percentage of exemption can be set at 20, 40, 60, 80 or 100 percent of the inventory
value. Over sixty percent of Georgia counties and cities have adopted the Freeport
Exemption at some level.
Application for freeport exemption should be
made with the Board of Tax Assessor's within the same time period that
returns are due in the county. Applications filed after that time
can receive a partial exemption for that year up to June 1.
Click here for specific
information about freeport exemption in each county.
(O.C.G.A. 48-5-48.1, O.C.G.A. 48-5-48.2)
For additional information about freeport exemption in your county, contact the
County Board of Tax Assessors.
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