Fund Training Programs Work Tax Credit Texas has no state property tax or personal income tax.
Local governments levy taxes on real and tangible personal property.
The Board has successfully obtained all assistance requested of state, local and federal agencies on behalf of the company. Tax Abatement Industries that create at least ten jobs are eligible for abatement of city, county and hospital district ad valorem taxes. Qualifying exemptions include buildings, machinery, equipment, furniture and fixtures that are used as part of the manufacturing process. Enterprise Zone Sulphur Spring's enterprise zone is a package of tax credits and other incentives offered to businesses locating or expanding in a specially designated geographic area. These benefits are for the first five years of the contract period.