E-commerce companies holding their goods in Fulton County will no longer have to pay inventory taxes for items in their warehouses.
The county’s board of commissioners on Wednesday signed off on a change voters approved in November — 57 percent of voters wanted the tax break for companies.
The break is expected to lure more warehouses and fulfillment centers to the county, said Al Nash, the director of Select Fulton, the county’s economic development arm.
Nash said he thinks the tax exemption will give Fulton County “a competitive edge.”
“We do think we are positioned to take advantage of it,” he said.
While new fulfillment centers wouldn’t pay taxes on their inventory, Nash said he hoped the break would mean more land would be developed and property and other taxes would be collected.
The county also offers a tax exemption for
“I think this is a good thing,” Fulton County Chairman John Eaves said.
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