Georgia sales and use tax generally applies to all tangible goods sold. You can file and pay sales and use tax online using the Georgia Tax Center.In the Total Exempt Sales field, enter the dollar amount of sales sourced to Georgia that are exempt from state sales tax. Selecting a jurisdiction code. THE BUSINESS PERSONAL PROPERTY TAX RETURN IS A DEPARTMENT OF REVENUE FORM PT-. 50P. Business Personal Property assets must be reported on form PT-50P. The return is available on the forms and applications page or click here. This recent Georgia case is one of many that emphasizes how not filing a tax bulk sales notice in the asset sales of a business can be costly to the buyer. Dealers may be permitted to file sales and use tax returns on a quarterly, annual or special period basis as specified below. Yes, business personal property assets must be reported on a form PT-50P.