Deal struck to make change in state's car tax law - DC News FOX 5 DC WTTG

Deal struck to make change in state's car tax law

Posted: Updated:
ATLANTA -

State lawmakers have reached agreement on a deal to fix one aspect of Georgia's new car tax law that drew complaints about car leasing.

The deal is expected to fix unintended consequences of Georgia's new title tax law that took effect Friday.

The Atlanta Journal-Constitution reports (http://bit.ly/WtHl0P) that a chief problem with the law was a double tax on car leases.

The issue affects many consumers since leases account for 33.8 percent of all new car transactions in Georgia.

The change, which involves so-called "buy here, pay here" car dealers, will go into effect as soon as Deal signs the legislation.

The newspaper reports that Deal, whose office helped craft the change, is expected to sign the legislation quickly.

___

Information from: The Atlanta Journal-Constitution, http://www.ajc.com

 

Copyright 2013 The Associated Press.

Powered by WorldNow
Untitled

WTTG FOX 5 & myfoxdc
5151 Wisconsin Ave. NW
Washington, DC 20016
Main Number: (202) 244-5151
Newsroom: (202) 895-3000
fox5tips@wttg.com

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices