Employers in Clayton have an economic development incentive that could make the county one of metro Atlanta’s most attractive centers for job growth.
Businesses creating jobs in 2017 are eligible for state tax credits for the next five years. Any business in Clayton County can qualify for the state-maintained credits plan by adding at least two new full-time jobs that meet basic income and benefit qualifications.
According to Courtney Pogue, Clayton County’s director of economic development, virtually any legitimate business can qualify for up to $3,500 in savings for each new employee.
Pogue said employers must apply for the tax credits using a form from the Georgia Department of Revenue and filing at least 30 days before a business tax return is submitted. The documentation has a review period of up to 120 days.
The tax advantages are also available to commercial areas located in the Aerotropolis Atlanta Community Improvement Districts. The Airport South CID portion of the Aerotropolis CIDs is located in both the City of College Park and in unincorporated Clayton County.
Aerotropolis CIDs Executive Director Gerald McDowell said the district currently consists of 187 commercial property owners, and pointed out that the tax credit could assist the CIDs in securing support from the more than 238 property owners targeted in the CIDs ongoing district expansion efforts.
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