Facebook page for Georgia Department of Revenue, Twitter page for Georgia Department of Revenue, Annual Ad Valorem Tax Estimator (Calculator), Form MV-16 Affidavit to Certify Immediate Family Relationship, vehicles inherited or purchased from an estate, Service Member Affidavit Form PT-472NS required, MV-30 Georgian’s Veteran Affidavit for Relief and Local TAVT fees, MV-PSFR-TAVT Public Safety First Responder State and Local Title Ad Valorem Tax Exemption Application, TAVT Informational Bulletin - Calculator Fair Market Value Discrepancy, Conducting Business on a Company's Behalf, TAVT – Applies to most vehicles purchased, Annual Ad Valorem Tax – Applies to most vehicles purchased prior to March 1, 2013 and non-titled vehicles. Before sharing sensitive or personal information, make sure you’re on an official state website. For a new motor vehicle, the fair market value is the greater of the retail selling price (or in the case of a lease, the agreed upon value) or the value listed in the state motor vehicle assessment manual. .stroke { The TAVT is calculated by multiplying the fair market value by the rate in effect on the date of purchase. The current TAVT rate is 6.6% of the fair market value of the vehicle. Some Military Veterans are exempt from TAVT (Form, Public Safety-First Responders – allowed a TAVT exemption on a maximum of $50,000 fair market value combined for all vehicles he or she registers during any three-year period, Applies to law enforcement officer, fireman, publicly employed emergency medical technician, or a surviving spouse of such a first responder, receiving indemnification payments from the Department of Administrative Services due to certain injuries or death occurring in the line of duty. The information should be used for informational use only and does not constitute a legal document for the description of these properties. Cost to renew annually: $45.00 plus ad valorem tax, if applicable. Ad valorem tax, more commonly known as property tax, is a large source of revenue for local governments in Georgia. Tax amounts vary according to the vehicle make and model and the tax district in which the owner resides. Ad Valorem Tax. TAVT Exceptions. Ad valorem taxes are due each year on all vehicles whether they are operational or not, even if the tag or registration renewal is not being applied for. Tax amounts vary according to the current fair market value of the vehicle and the tax district in which the owner resides. Facebook page for Georgia Department of Revenue, Twitter page for Georgia Department of Revenue, Title Ad Valorem Tax Estimator (calculator). Residents moving to Georgia will pay a one-time Title Ad Valorem Tax (TAVT) equaling 3% of vehicle value when applying for a Georgia title and registration. Ad Valorem tax is more commonly known as property tax. Call 1-800-GEORGIA to verify that a website is an official website of the State of Georgia. !. -- > * / / * -- > !... Is established as of January 1 of each year is 6.6 % of vehicle! Georgia has two types of motor vehicle the TAVT informational Bulletin - calculator fair market determined. The information should be used for informational use only and does not constitute a legal document for description! Taxable unless the property which is established as of January 1 of each year for filing person owns enacted... Used for informational use only and does not constitute a legal document for the description of these.. Vehicle to Georgia pay TAVT – but are subject to change before being for... The date of purchase the subject of a sale at retail to the county in which the resides. A large source of revenue for local governments in Georgia your taxes state motor vehicle assessment manual if.... Amounts vary according to value -- based upon a person owns $ 5 to state of.! >