TAXES AND PAYROLL Estimated tax revenue generation - 2024 2025 | ECONOMIC IMPACT STUDY In 2024, new franchised automobile dealerships in Georgia collected or paid more than $1.8 billion in state and local taxes, an average of $3,568,500 per dealership. Federal payroll taxes for the industry exceeded $930 million. *TAVT collections include revenue that is directed to both state and local governments. Total state and local taxes collected or paid by new car dealerships: $1.8 billion 2024 Economic Impact Study OLL o - 2024 tion - 2024 Total compensation at new car dealerships: $3.6 billion Total state and local taxes collected or paid by new car dealerships: $1.8 billion Tax Category Average Per Dealer Industry Total TAVT collected* $2,590,000 $1,323,490,000 State Sales Tax collected $305,000 $155,855,000 State/Local Payroll Taxes $349,000 $178,339,000 Tag and Title Fees collected $133,000 $67,963,000 Real Estate Taxes $128,000 $65,408,000 Other Local Taxes/Fees $31,000 $15,841,000 Other State Taxes $30,100 $15,381,100 Lemon Law Fees collected $2,400 $1,226,400 Georgia Total $3,568,500 $1,823,503,500 Federal Payroll Taxes $1,820,000 $930,020,000 41 THE GENERATOR
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