Effective January 1, 2022, House Bill 63 (2021) changes the formula used to calculate the title ad valorem tax (TAVT) on certain leased vehicles. To prepare for this change, the Georgia Department of Revenue (DOR) is issuing a revised Form MV-7D and a new Form MV-7L.
Form MV-7D is to be used by a dealer to show the calculation of the TAVT on the sale of a new or used vehicle only. Please refer to Form MV-7L to calculate the TAVT on leased vehicles.
For more information, read the policy bulletin from the Georgia Department of Revenue (DOR).
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