Georgia's January 2026 Net Tax Revenues Down 0.6%

State sees decrease in individual income tax and corporate income tax collections, while sales tax and motor fuel tax see increases.

Published on Feb. 15, 2026

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Georgia's net tax collections in January 2026 totaled $3.03 billion, a decrease of $18.1 million or 0.6% compared to January 2025. The state saw declines in individual income tax and corporate income tax, while sales tax and motor fuel tax collections increased.

Why it matters

Tax revenue is a critical component of Georgia's state budget, funding essential public services and infrastructure. The 0.6% decline in January 2026 net tax collections could signal economic headwinds or shifts in taxpayer behavior that may impact the state's fiscal outlook.

The details

The decrease in net tax collections was driven by a 1.7% drop in individual income tax and a 23.7% decline in corporate income tax. However, sales tax collections increased 4% and motor fuel tax rose 0.2%. Year-to-date, net tax revenue collections through seven months are up 1.8% compared to the prior fiscal year.

  • Georgia's net tax collections in January 2026 totaled $3.03 billion.
  • This represents a decrease of $18.1 million, or 0.6%, compared to January 2025.

The players

State of Georgia

The government of the U.S. state of Georgia, responsible for collecting and managing the state's tax revenue.

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The takeaway

The decline in Georgia's January 2026 net tax revenues, particularly in individual and corporate income taxes, bears watching as the state seeks to maintain a balanced budget and fund critical public services. Policymakers will likely analyze the data to understand the underlying economic factors and adjust fiscal plans accordingly.