|
|
|
Home
Contact Us
External Links
Sitemap
|
|
|
|
|
Texas Business Taxes
Texas has one of the lowest tax burdens in the nation, ranking 49th among the 50 states in per capita state taxes in 2000. Total state taxes averages $1,286 per person, 32 percent less than the national average of $1,899. Similarly, state taxes in Texas are low relative to income. Total tax collections amounted to just over $49 per $1,000 of personal income in 2000 compared to the national average of $67 per $1,000 of income.
| Tax Structure |
| Area |
Rate |
Assessment |
| City: |
$0.4213 |
100% |
| County: |
0.5900 |
100% |
| McAllen School District: |
1.1650 |
100% |
| STC: |
0.1491 |
100% |
| South Texas ISD: |
0.04920 |
100% |
| Drainage District #1: |
0.0725 |
100% |
| Total Tax Rate: |
$2.4471 |
|
| Sales Tax |
| City: | 2.00% |
| County: | None |
| State: | 6.25% |
| State Taxes |
| State Franchise: | 4.25% |
| Corporate Income Tax: | None |
| Personal Income Tax: | None |
| Ad Valorem: | None |
| Sales/Use: | 8.25% |
Click here to view the 2009 entity tax rates for Hidalgo County
- The Texas Comptroller ranks McAllen 3rd in the State for Sales Tax collections per capita
|
|
|
