Marietta Opportunity Zones

Program Overview


Business located in areas designated by the Georgia Department of Community Affairs (DCA) as an Opportunity Zone may qualify for a $3,500 tax credit for 5 years when two (2) or more eligible net new jobs are created within a single tax year. The Opportunity Zone Job Tax Credit can be taken against a new or existing business' Georgia income tax liability. Employers may use excess credits against withholding taxes. The law allows for any lawful business to qualify for the credit, including retail, so it is not limited to specific industries like the state’s regular job tax credit program. Businesses may claim the job tax credits for up to 5 years, as long as the jobs created are maintained. Marietta’s Opportunity Zones Job Tax Credit (JTC) Program will expire December 2019.

A complete overview of the job tax credit in an Opportunity Zone, including the steps for filing for the job tax credit can be found in the Opportunity Zone Job Tax Credit Fact Sheet (PDF).

Employer Benefits


  • Provides for businesses of any nature to qualify, not just a defined "business enterprise."
  • Highest benefit level allowed under the JTC Program - $3,500 per job, per year, for 5 years (as long as the jobs are maintained)
  • The lowest job creation threshold - minimum of two (2) net new jobs (the persons in the two jobs may not be married to each other).
  • Use of Job Tax Credits against 100 percent of Georgia income tax liability and withholding taxes.

Additional Information

To locate additional program information and resources, including contacts for assistance, visit the Department of Community Affairs' website and the Department of Revenue's website. Follow the links below to view current Georgia JTC Program Rules and Regulations

Program Rules and Regulations

 

Designated Areas


Address Verification


If you or a client are interested in opening or expanding a business in the Marietta city limits and would like to find out if a property you are interested in is located in an Opportunity Zone, you can search by address using the city’s Property Search Tool, or please contact Daniel Cummings at 770-794-5668.

Designated Area Maps