Georgia State and Local Tax (SALT) Alerts

State and Local Tax Insights

Increased Section 179 Deduction for 2019 | “Fun Runs” No Longer Subject to Sales Tax

  • The Georgia Dept. of Revenue has announced that, for 2019, Georgia has adopted the increased Section 179 deduction of $1,020,000, as well as the $2,550,000 phaseout. However, Georgia hasn’t adopted the deduction for certain real property.
  • The Georgia Dept. of Revenue has adopted a regulation related to the participation in “fun runs” and other road races. The reg states that entrance fees to participate in a 10k, half-marathon, marathon, “fun run,” walk, wheelchair race, bicycle race, triathlon or any other similar nonmotorized race aren’t considered to be charges for participation in games or amusement activities and are therefore not subject to sales use tax. The regulation is effective 20 days from filing with the Georgia Secretary of State.

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