Heavy Duty and Timber Tax Processing

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Navigate:Levy Management > Heavy Duty and Timber Tax Processing

Generate a bill for a revenue object subject to tax on the sale of heavy duty equipment or timber. This process is only used for taxes in the year of the sale of such assets. In subsequent years, these revenue objects will be taxed as personal property.

NOTE: This process is specific to the state of Georgia.

Before processing heavy duty/timber taxes, you must first use the Records module to create the heavy duty/timber revenue object and the owner legal party record, if it does not already exist.

1. Create the legal party, if it does not already exist, which is the new owner of the heavy duty/timber property.

   • Select Legal Party Maintenance from the Records menu.

   • Search for the legal party to make sure it does not already exist in the database. This prevents the entry of duplicate records. See Records Search for Legal Party.

   • If the party was not found, click NEW to create a new one. Follow the instructions from Legal Party Maintenance on creating a new party.

2. Create a revenue object record for the heavy duty/timber property.

   • Select Revenue Object Maintenance from the Records menu.

   • See Creating a New Revenue Object for full instructions. Select the revenue object type of filing. Be sure to assign the appropriate owner party for the revenue object and to assign it a class code associated with the roll type selected for the heavy duty type/timber type application setting.

You are now ready to process taxes for the revenue object.

3. Select Heavy Duty and Timber Tax Processing from the Levy Management menu.

4. Search for the revenue object on the Records Search screen.

5. Select the revenue object to process from the search results on the Records Search Results screen.

6. Enter the dates and value pertaining to the sale on the Process Heavy Duty and Timber Taxes screen and generate the tax bill.