Frequently Asked Questions

What is a State Tax Identification Number (STIN) and how can a company in Georgia obtain one?

A State Tax Identification Number (STIN) is a unique identifier that allows a business to manage its tax license, credits, and liabilities. It is a crucial requirement for any company operating in Georgia that needs to pay taxes. The STIN is essentially a reference point for the state's tax authorities to track and manage the tax obligations of a business. To obtain a STIN in Georgia, a company can apply online via the state of Georgia's official website or in person at a Georgia Tax Center. The process is straightforward and designed to be user-friendly for businesses of all sizes. Once obtained, the STIN will be used in all tax-related transactions and communications with the state tax authorities. It's important to note that different types of businesses in Georgia have different tax obligations. For instance, Limited Liability Corporations (LLCs) are not required to pay income taxes as the taxes are passed on to the owners of the business. On the other hand, corporations are required to pay corporate income tax in Georgia, which is set at 6 percent.