Assessed value is defined as being 40% of the fair market value (100%). Property tax in Georgia is taxed at the assessed value.
Exemptions -
McDuffie County offers a variety of exemptions for land owners. The Tax Assessor's Office is responsible for handling and approving all applications.
Interest and Penalties -
Property tax bills are mailed out by September 15th and due November 15th of each year. Interest is calculated monthly beginning the 16th of each month.
(The rate is Prime rate plus 3 divided by 12). The penalty is 5% every 120 days - 20% max.
***A FI.FA. (tax lien ) which is reported on your credit report and is filed with the Clerk of Court is placed on the property 30 days after the tax bill becomes delinquent.****