Georgia Ad Valorem Tax Calculator
Enter as a decimal (e.g., 4.5% is 0.045)
Standard is 6.75% (0.0675). For certain vehicles, it may differ.
Understanding Georgia's Ad Valorem Tax on Motor Vehicles
In Georgia, the "Ad Valorem Tax" on motor vehicles is an annual tax based on the value of your vehicle. Unlike property taxes on real estate, which are assessed annually, the Ad Valorem tax on vehicles is typically paid when you register your vehicle and renew your tag. It's important to understand that this is NOT an excise tax, but rather a tax based on the vehicle's worth.
How is the Tax Calculated?
The calculation involves a few key components:
- Assessed Value: This is the value of your vehicle. For most vehicles, the county tax commissioner uses the assigned Current Retail Value from the Georgia Department of Revenue's official guide. For newer vehicles, the value is typically the Manufacturer's Suggested Retail Price (MSRP).
- Millage Rate: This is the local tax rate set by your county, city, and school district. The rates are combined to form a total millage rate. A "mill" is one-tenth of a cent ($0.001). So, a millage rate of 45 mills would be equivalent to 4.5%, or 0.045 as a decimal.
- Annual Ad Valorem Tax: The basic annual Ad Valorem tax is calculated as:
Annual Ad Valorem Tax = Assessed Value × Millage Rate
Title Ad Valorem Tax (TAVT)
When you purchase a new or used vehicle in Georgia, or transfer a vehicle title from out-of-state, you are subject to the Title Ad Valorem Tax (TAVT). This is a one-time tax paid at the time of title registration and is generally in lieu of the annual Ad Valorem tax for that specific vehicle purchase.
- TAVT Calculation: The TAVT is calculated based on the vehicle's value and a state-mandated rate. The standard TAVT rate is 6.75% (0.0675).
TAVT = Vehicle Value × TAVT Rate - Exemptions/Differentials: Certain vehicles might have different TAVT rates or exemptions. For instance, certain heavy-duty trucks or alternative fuel vehicles may have different TAVT considerations.
The Calculator's Purpose
This calculator helps you estimate both the Annual Ad Valorem Tax (based on a provided millage rate) and the potential Title Ad Valorem Tax (TAVT) for a vehicle in Georgia. Simply input the vehicle's value, the combined millage rate for your locality, and the appropriate TAVT rate (usually 6.75%).
Important Notes:
- The Assessed Value for annual tax purposes might differ from the purchase price or MSRP. Always confirm the value used by your local county tax commissioner.
- Millage rates vary significantly by county, city, and school district. Ensure you are using the correct combined millage rate for your specific location. You can usually find this information on your county's tax commissioner or tax assessor's website.
- The standard TAVT rate is 6.75%. However, always verify if your vehicle qualifies for any specific exceptions or different rates.
- This calculator provides an estimate. For precise tax liability, consult your local Georgia county tax commissioner's office or a qualified tax professional.