Exemption of personal property in inventory for business

O.C.G.A. § 48-5-41.2, under TAX EXEMPTIONS.

O.C.G.A. § 48-5-41.2

All tangible personal property constituting the inventory of a business shall be exempt from state ad valorem taxation. History. Code 1981, § 48-5-41.2, enacted by Ga. L. 2009, p. 674, § 1/HB 482; Ga. L. 2010, p. 878, § 48/HB 1387.