Finance
Georgia's 'Title Premium Tax' is separate from the transfer tax and applies to:
AA. All real property transfers in Georgia
BB. Premiums paid for title insurance policies✓ Correct
CC. Only commercial property transfers
DD. Properties sold within 2 years of purchase
Explanation
Georgia imposes a premium tax on insurance premiums collected in the state, including title insurance premiums. This is a tax on the insurance industry, not on the property transfer itself, and is passed along as part of the title insurance premium.
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