GA Code § 48-5-507.1 - Effect of Rental Status on Dealer’s Inventory.

Section 48-5-507.1 - Effect of Rental Status on Dealer’s Inventory.Section 48-5-507.1 - Effect of Rental Status on Dealer’s Inventory.

Section 48-5-507 - Change of Method of Evaluating Heavy-duty Equipment Motor Vehicles for Ad Valorem Taxes; Purpose.Section 48-5-508 - Appeal of Assessed Value.

If the nature of the dealer’s business is primarily the sale of heavy-duty equipment motor vehicles, then for purposes of this article, the rental of a heavy-duty equipment motor vehicle by the dealer to a customer shall not be deemed to have removed the vehicle from the dealer’s inventory.

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