Taxes
Affordable Costs in a State that Loves Business
Taylor is an affordable location in a state that proactively seeks economic development.
City of Taylor and Williamson County Tax Rates
| State Sales and Use Tax | 6.25% |
| Local Sales and Use Tax | 2.00% |
| Total Sales and Use Tax | 8.25% |
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| 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 |
Texas Loves Business.
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.
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