City Of Suwanee Announces 2020-21 Alcohol License Tax Credit

Press release from the City of Suwanee:

09/28/2020

On Tuesday, September 22, the Suwanee City Council voted to approve a 2021 alcohol license tax credit in an effort to offset hardships created by COVID-19. Suwanee’s program provides up to $6,000 in alcohol license tax credits that can be applied to the 2021 renewal period for eligible businesses.

“While nearly all city businesses experienced negative impacts during this pandemic, restaurants have faced special challenges and difficulties due to mandated restrictions and social distancing,” said Mayor Jimmy Burnette. “The city council developed this program in hopes of helping these businesses make it through these difficult times.”

The one-time tax credit is available to renewing restaurants and beverage establishments that currently hold a City of Suwanee alcohol license for on-premises consumption as well as new restaurants and beverage establishments that begin operation between October 1, 2020 and June 30, 2021. Suwanee essentially has three types of on-premises consumption alcohol licenses: beer ($500), wine ($500), and distilled spirits ($5,000). For an establishment that sells all three types of alcohol, the sum of $6,000 is remitted annually and renew each year on December 31.

The Suwanee City Council also offered a business license tax credit in May 2020 to help offset hardships created by COVID-19 on local businesses. Suwanee’s program provides up to $500 dollars in business license tax credits that can be applied to any City of Suwanee business for either the 2020 or the 2021 business license. This program also applies to new businesses that open through March 2021.

“We’ve chosen to undertake these tax credits in order to respond to the economic challenges many are currently facing,” said Marty Allen, Suwanee City Manager. “We greatly value our business community and want to support their success. The city will continue to evaluate our options as the situation evolves.”

For more information regarding City of Suwanee tax credits, please contact Business Services Director Jessica Roth at 770-945-8996 or jroth@suwanee.com.

This press release was produced by the City of Suwanee. The views expressed here are the author’s own.