Thursday, February 28, 2013

ELT Users: Paying the TAVT


Many DDI ELT participants have asked questions on how a lender will pay the new Georgia tax.  You will find helpful details below:
Vehicle Owners
A vehicle owner can submit payment to the county in which he or she registers the vehicle and applies for a title and registration.
If a vehicle is purchased at a dealership, the dealer will accept the application for the title and TAVT payment on the purchaser’s behalf and deliver the title application and TAVT payment to the county tag agent.
The dealer has 10 days from the date of purchase to remit the title application and TAVT payment to the county agent. If the payment is sent later than 10 days from the date of purchase, the dealer is liable for 5% of the TAVT owned plus an additional 5% for each month the payment the payment was not remitted. If the payment is not sent within 30 days of purchase, a second penalty applies.
Non-Dealer Sales
For casual vehicle purchases, the buyer must remit the application for the title and the TAVT payment within 30 days of the purchase of the vehicle. If the buyer does not pay within 30 days, a penalty of 10% of the amount of the TAVT owed plus an additional 1% per month for every month the payment is late will be owed.

Friday, February 22, 2013

New Vehicle Tax for Georgia Residents

On March 1, 2013, a new method of taxation for certain motor vehicles in Georgia will go into effect, according to Georgia House Bill 386. This vehicle tax, the TAVT, will replace the state sales, use, and annual ad valorem taxes with a one-time tax imposed on the fair market value of each vehicle.
Owners who purchased motor vehicles on or after March 1, 2013 and titled them in Georgia will be eligible to pay this tax. However, if a vehicle was purchased between January 1, 2012 and March 1, 2013 and titled in Georgia, the owner is also eligible to opt in to the new system and pay the TAVT.
Please note that this new tax will not apply to:
·         Corrected titles
·         Replacement titles
·         Titles issued to the same owner
·         Vehicles acquired by veterans who would receive an exemption from the ad valorem tax
To learn more, visit the Georgia Department of Revenue at

Monday, February 4, 2013

Easy Transition to ELT in Georgia with DDI's Help

It can take time to implement new programs in the workplace, but Decision Dynamics, Inc. (DDI) makes its customers' transitions to Premier eTitlelien™ simple and easy.

As the New Year began, DDI once again smoothly transitioned customers to its electronic lien and title program (ELT) in Georgia, Florida, and California in accordance with their new state laws.

Even more Georgia lenders will discover the benefits of electronic lien and title programs by July 1 of this year. At that time, lenders with 200 or more security interests or liens must have an ELT program in place according to Georgia law. By January 1, 2014, lenders with five or more security interests will also need to be enrolled in an ELT program.

To learn more about what DDI, ELT, and its Premier eTitlelien™ program can do for your business, go to