Taxes

Affordable Costs In a State That Loves Business

Taylor is an affordable location in a state that proactively seeks economic development. Our tax rates are highly competitive compared to nearby Austin and the surrounding area, allowing your company to keep overhead costs low and do more business.

Sales Tax

Tax

Percentage

State Sales and Use Tax

6.25%

Local Sales and Use Tax

2.00%

Sales and Use Tax- Total

8.25%

City of Taylor, State of Texas
Property Tax

Tax

Percent

Property Tax, City of Taylor (per $100)

0.813893

Property Tax, Taylor ISD (per $100)

1.4700

Property Tax, Williamson County (per $100)

0.459999

FM/RD, Williamson County (per $100)

0.030000

Property Tax - Total

2.773892

No State Income Tax

Texas is one of only six states in the U.S. that does not levy a state income tax. In recent years Texas has recruited more jobs and investment to our state than any other state in the nation. That speaks loud and clear about our attitude toward business.

The Texas Comptroller's website, Window on State Government, provides detailed information about state business taxes.

Incentives

Texas offers powerful incentives to qualified companies. Our two newest, the Texas Enterprise Fund and Emerging Technologies Fund, combine to offer more than $495 million to allow us to bring new research and development, employers and jobs into the state. The Taylor EDC can advise you on whether your project may qualify.

Ready to do business in Taylor?
Contact Us Today