Showing posts with label sales tax. Show all posts
Showing posts with label sales tax. Show all posts

Thursday, April 9, 2009

Governor, Legislature Support Sales Tax Exemptions For Clinical Trials and Free Samples of Drugs

(BUSINESS WIRE)--Georgia Bio applauds the General Assembly for adopting legislation that exempts from sales tax free samples of prescription drugs and biologics and of investigational products in clinical trials and applauds Governor Sonny Perdue for his support of the measure. The legislation, House Bill 59, makes permanent an executive order issued by Governor Perdue in September 2008.

The action by Governor Perdue and the legislature, which voted unanimously in the House and Senate to approve HB 59, will help ensure that Georgia patients and the state’s healthcare centers do not lose thousands of clinical trials. In promoting the legislation, Georgia Bio called attention to the fact that imposing a tax on investigational products used in research and in clinical trials placed an immediate disincentive on conducting research or clinical trials in Georgia. It not only threatened the loss of significant revenues to Georgia academic institutions and hospitals, but also discontinuation of clinical trials in Georgia could have denied patients access to the most advanced life saving medicines. The legislation exempts from sales tax investigational drugs, biologics, medical devices and animal health medicines dispensed without charge in clinical trials.

The sales tax exemption on free samples of prescription drugs and biologics is consistent with Georgia law exempting tax on sales of these medicines. In the case of free samples, these are often provided to patients by physicians as “starter packs” to determine if a new medicine is useful for and can be tolerated by a patient before a prescription for the new medicine is written. In other cases, free samples of medicines are provided to the elderly and uninsured who otherwise cannot afford them. In all cases, these medicines are never resold.

In his executive order, Governor Perdue stated:

“It is in the best interests of Georgians to exempt from sales and use taxes pharmaceutical medications that are distributed without cost for several reasons, including: (1) the ability to distribute needed medicines to persons that might not otherwise be able to afford them; (2) the attraction of clinical trials to Georgia for the betterment of the health of Georgians and to continue the State's place as a leader in cutting-edge health research; and (3) the elimination of an inconsistency in the law whereby pharmaceutical medicines that are sold at retail are not taxed, however those that are distributed for free are subject to taxation.”

-----
www.georgiafrontpage.com
Georgia Front Page
www.fayettefrontpage.com
Fayette Front Page
Follow us on Twitter: @GAFrontPage

Tuesday, September 23, 2008

Georgia to Hold Fourth Annual ENERGY STAR Sales Tax Holiday

In an effort to help Georgians conserve energy and water, save money and protect the environment, today (September 22) Governor Perdue announced Georgia’s fourth annual ENERGY STAR Sales Tax Holiday has been expanded for the first time to include WaterSense labeled products. Georgians will not pay state or local sales taxes on the purchase of energy efficient or water efficient products that cost $1,500 or less per item. The sales tax holiday begins at 12:01 a.m. Thursday, October 2, 2008 and runs through midnight Sunday, October 5, 2008.

“As Georgians look at appliances and products that have earned the now-familiar ENERGY STAR designation, I encourage them to also be more aware of water conservation and the impact of using WaterSense labeled products,” said Governor Perdue. “The ENERGY STAR and WaterSense Sales Tax Holiday provides Georgians the perfect opportunity to save money immediately at the cash register and long-term as their water and energy bills go down.”

ENERGY STAR designated products meet strict energy efficiency criteria set by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE). Qualified ENERGY STAR appliances and products include dishwashers, clothes washers, air conditioners, ceiling fans, fluorescent light bulbs, dehumidifiers, programmable thermostats, refrigerators, doors and windows

“Through the ENERGY STAR and WaterSense Sales Tax Holiday, Georgians can save money, conserve energy and water, and show their commitment to the stewardship of our environment,” said Chris Clark, executive director of the Georgia Environmental Facilities Authority (GEFA).
Many ENERGY STAR qualified appliances use 30 percent less energy than conventional models without sacrificing features, style or comfort. Some products, such as energy efficient compact fluorescent bulbs, save as much as 80 percent. By replacing old, inefficient appliances with ENERGY STAR qualified models, Georgians can help protect the environment while saving money and energy.

For more information and to better understand the options and benefits of ENERGY STAR qualified products, visit the interactive ENERGY STAR @ Home tool at www.energystar.gov.

The EPA created the WaterSense program to recognize major water consuming products that are 20 percent more water-efficient and perform as well as or better than conventional models. Currently, 264 high efficiency toilets and 209 bathroom faucets and faucet accessories meet the designation and can be found at a variety of price points at retailers across the state.

“WaterSense is an opportunity for Georgians to make an important choice to help the environment,” said Carol A. Couch, director of the Environmental Protection Division of the Georgia Department of Natural Resources. “The rewards are many, but the most immediate one is the savings you see on your water bill.”

According to the EPA, installing WaterSense labeled fixtures can have an enormous impact on the amount of water people use in their bathrooms, and the cost of water on their utility bills:

· EPA estimates that a family of four that replaces its home’s older toilets with WaterSense labeled models will, using national average water rates, save more than $90 per year in reduced water utility bills, and $2,000 over the lifetime of the toilets.

· If half of the households in Georgia replaced toilets installed before 1994 with WaterSense labeled high-efficiency toilets (HETs), the savings would be more than 18 billion gallons per year—enough to supply Savannah and surrounding communities in Chatham County for a whole year.

· If every household in Georgia installed high-efficiency faucets or faucet aerators, it would save more than five million gallons a day—that’s saving enough water to fill every tank in Atlanta’s Georgia Aquarium, the world’s largest, in about 37 hours.

For toilets, the key requirements are using no more than 1.28 gallons per flush and solid waste removal of 350 grams or more, ensuring that people won't have to flush multiple times. Faucets limit flow to 1.5 gallons per minute while still delivering 60 psi of pressure.

Visit www.epa.gov/watersense for more information and to better understand the options and benefits of WaterSense qualified products.

Several organizations have come together to ensure consumers are aware of the ENERGY STAR and WaterSense Sales Tax Holiday including the Georgia Environmental Facilities Authority, Georgia Environmental Protection Division, Georgia Department of Revenue, Georgia Retail Association, Alliance to Save Energy, Clean Air Campaign, Georgia Power Company, Georgia EMC, Marietta Power, the Municipal Electric Authority of Georgia, Electric Cities of Georgia, the U.S. Department of Energy and the U.S. Environmental Protection Agency.

Additional information regarding the ENERGY STAR and WaterSense Sales Tax Holiday is also available on the Department of Revenue’s website at www.dor.ga.gov.

-----
www.georgiafrontpage.com
Georgia Front Page
www.fayettefrontpage.com
Fayette Front Page
Community News You Can Use
Fayetteville, Peachtree City, Tyrone