Judy Parker, APR
For Immediate Release
City Council Cuts Business Occupation Tax Fees for the City
Release Date: 12/21/2010
December 21, 2010 — Like many other governments, Sandy Springs is preparing to send its annual occupation tax renewals out by the end of December. This year, however, Sandy Springs businesses will have an added benefit.
Tonight, the City Council voted to establish reductions in the occupation tax to benefit businesses located in the City. The reductions include a blanket out-of-state sales exemption and a blanket franchise fee exemption for franchisees, which are located out-of-state. In addition, the Council further reduced the cap on maximum occupation tax paid in any one tax year from $400,000 to $75,000.
Moreover, seeking to ensure that the reductions benefit all businesses, the City Council authorized an eight percent (8%) across-the-board reduction on all occupation taxes.
“The limitations to the business license tax that the City of Sandy Springs today adopted reflect the Council’s commitment to our business community. The health of our City depends equally on the preservation of residential values and the prosperity of our commercial establishments,” said Mayor Eva Galambos.
Sandy Springs continues to attract global corporations and small businesses alike. With our low crime rate, strategic location to the Metro area, MARTA access, business-friendly community and responsive government, Sandy Springs is a competitive place for business. In addition, the Atlanta Journal-Constitution called Sandy Springs a “pioneer in economic development incentives” with its half-off fees for permitting. Earlier action also provided opportunity zone tax credits for an area inside the Perimeter along Roswell Road for businesses that create jobs.
“The City of Sandy Springs really rolled up its sleeves on this tough economic issue,” said Dale Hughes, senior vice president of Cox Enterprises. “It is refreshing to see leaders with a long-term vision toward corporate growth in this Perimeter market.”
“From a business perspective over the last few months this partnership has worked extremely well in the interest of both Sandy Springs and its major employers. We want to congratulate the leadership of Sandy Springs and the willingness to engage in positive dialogue and outcomes significant to our major corporate and franchise headquarters in the Perimeter market,” said Yvonne D. Williams, president and CEO of the Perimeter Community Improvement District.
“We recognize and appreciate the continuing efforts of the Sandy Springs City Council to support the business community, create jobs and foster responsible growth,” said Pam Jenkins, senior vice president, Wendy’s/Arby’s Group and a board member of the Sandy Springs Perimeter Chamber of Commerce.
These reductions implemented by the City Council will help to ensure that the City continues to be a premier location for businesses in the Metro area.
For more information on the City of Sandy Springs, visit www.sandyspringsga.org or call 770-730-5600.