Business Personal Property
Personal Property valued at $7,500.00 or less is automatically exempt from ad valorem taxes. The property, however must be returned, valued and entered on the tax digest. Owners of personal property with a value of less than $7,500.00 receive no bill.
Personal Property Freeport Exemptions
The following types of tangible personal property are exempt from taxes:
  • Inventory of goods in the process of being manufactured or produced including raw materials and partly finished goods; 100% exemption
  • Finished goods produced in Georgia within the last 12 months; 100% exemption
  • Finished goods stored in Georgia within the last 12 months and destined for shipment out of state; 100% exemption

The Freeport filing date for 100% exemption is January 1 through March 1. The exemption amount for late filed applications is:


March 2 - March 31:		75%
April 1 - April 30:66.67%
May 1 - May 31:58.33%
June 1:50%

Exemptions not filed by June 1 waive the entire exemption for the year.
Property Tax Exemptions and Deferrals
Certain properties are exempt from ad valorem taxes based on ownership and use of the property. (Georgia Code 48-5-41) The general rule for all exemptions is:
  • Property owner is a non-profit organization (a copy of your IRS 501(c)(3) award letter will be requested)
  • The owner must be using the property
  • Use of the property by the owner must be for a purpose expressly exempted in Georgia Code 

A property is not exempt if primarily used by a person or organization other than the owner of record, or if it is rented, leased, or used for the primary purpose of securing an income. Mere latent ownership of a property by a nonprofit organization does not qualify the property for exemption. For more information, please contact our office.

The following categories are exempt:

  • Places of religious worship
  • Purely public charities
  • Non-profit hospitals
  • Educational institutions
  • Air or water pollution facilities
  • Non-profit homes for the aged or mentally disabled
  • Veterans organizations
  • Historical fraternal benefit associations chartered prior to January 1, 1880