TAVT Tax Calculator & FMV Dealer Guide

tavt-calculator

Fair Market Value is the value listed in the Department of Revenue assessment manual minus trade-in for dealer sales. If not listed in the assessment manual, use the greater of the value from the bill of sale or the “clean retail” value from the NADA guide, January 1, 2014 edition, minus trade-in value for dealer sales.

>> Download Current 2014 Vehicle Valuation Manual

Click this button to proceed.

For a used motor vehicle not listed in the manual, FMV is the value from the bill of sale or the “clean retail” value provided by NADA (National Automobile Dealers Assoc.), January 2013 Edition, whichever is higher.

TAVT QUICK REFERENCE GUIDE FOR DEALERS

  • Motor vehicle dealers should collect the state and local title ad valorem tax fee (“TAVT”) from customers purchasing vehicles on or after March 1, 2013, that will be titled in Georgia. Payment of the TAVT provides an exemption from sales tax on the motor vehicle and the purchaser will also be exempt from the annual ad valorem tax, or “birthday tax”. The title application fee of $18 and tag fees still apply.
  • TAVT should be collected by the dealer and submitted, along with the application for certificate of title (Form MV-1), to the county where the vehicle will be registered.A list of Georgia tag offices with respective mailing addresses can be found here
  • The TAVT and application for title must be received by the county within ten (10) days of the date of purchase or a late penalty will be assessed against the dealer.
  • Generally, the TAVT is calculated by multiplying the applicable rate times the Fair Market Value (“FMV”), as defined by law.

If the sale included a trade-in, the FMV is first reduced by that amount before multiplying by the applicable rate to determine the TAVT due.  (FMV – Trade-in) x Rate = TAVT liability.


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Tag Office Locator

Please use this convenient link to reach the Georgia Tax Commissioner’s Tag Office Location. MVD Office Hours: 7:30 a.m. to 4:30 p.m. Monday thru Friday excluding state holidays.
>> Tax Commissioner’s Tag Office Locator Tool

>> Cities and Counties Database: http://georgia.gov/municipality-list

2015 CONVENTION


2015 CONVENTION & TRADE EXPO


ACCELERATE YOUR KNOWLEDGE

July 23-25, 2015
Lake Lanier Islands Resort

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GOLF TOURNAMENT: 
Thursday, July 23

Bring your entire team out for our VIP golf tournament with lots of cash prizes for the winners, to be held at the incredible Lake Lanier Islands Resort Golf Course.

DYNAMIC TRADE EXPO: Friday, July 24th

The exhibit area will highlight nearly 60 exhibitors featuring novel opportunities with the latest products and technology you need to in order to chart a course for continued success.

FREQUENTLY ASKED QUESTIONS

Once I arrive, when can I register onsite*?
Thursday, July 23: 9:00a - 7:00p
Friday, July 24: 9:00a - 7:00p
*Registration fees must be paid prior to the event or promptly at GIADA check-in on site to gain access to events.

Do I have to be a GIADA member to attend?
No, anyone involved in the automotive industry and their guests are welcome to attend.

What is the attire?
The event is business casual for education and daily meetings. Because meeting room temperatures vary, please pack a light sweater or jacket. For Saturday’s Grand Banquet, please plan to dress in a suit and tie for men, and cocktail or formal attire for women.

Can I bring a guest into the training sessions and/or the exhibit hall?
Anyone attending any event must be registered and wearing a GIADA convention badge at all times. No badge, no admittance.
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