Local Tax Profile

 

Tax

Basis

Rate-All Rates /$100

Agency 

City of Athens

Property Tax

Valuation

.685221

Tax Office

County of Henderson

Property Tax

Valuation

.0477984

Tax Office

Athens ISD

Property Tax

Valuation

1.43647

Tax Office

Athens Municipal Water Authority

Property Tax

Valuation

0.119729

Tax Office

Trinity Valley Community College

Property Tax

Valuation

0.13567

Tax Office

Source: County of Henderson Tax Office, October 2016

 

Tax Profile – State of Texas

Tax

Basis

Rate

Agency

Corporate Income and
Franchise Tax

The franchise tax is a privilege tax imposed on each taxable entity chartered/organized in Texas or doing business in Texas.

9.75% for most taxable entities

4.87% for entities primarily engaged in retail or wholesale trade

Texas Comptroller’s Office

Sales and Use Tax

Sales of goods and services

8.25%

Texas Comptroller’s Office

Unemployment Insurance

Effective Tax Rate for 2015 = General Tax Rate (GTR) + Replenishment Tax Rate (RTR) + Obligation Assessment Rate (OA) + Deficit Tax Rate (DTR) + Employment and Training Investment Assessment (ETIA)

0.47 percent to 7.49 percent on the first $9,000 that employee earns during the calendar year per employee.

Texas Workforce Commission

Workers' Compensation
Insurance

Non-mandatory

A rate guide is published to assist in comparison shopping for workers' compensation coverage. A company may choose to base its rates on (1) the Texas workers' compensation classification relativities (relativities) established by the Commissioner of Insurance (Commissioner); (2) its own independent company-specific relativities filed by the company; or (3) loss costs filed by the National Council on Compensation Insurance (NCCI), which is an advisory organization to the Texas Department of Insurance (TDI).

Texas Department of Insurance

Employment Training Investment Assessment

See Unemployment (ETIA)

 

Texas Workforce Commission

Personal Income Tax

None

 

Texas Comptroller’s Office

Disability Insurance

None

 

Texas Comptroller’s Office

Finished Goods, Raw
Material, Inventory Tax

None

 

Texas Comptroller’s Office

Mineral Severance Tax

None

 

Texas Comptroller’s Office

Inheritance Tax

None

 

Texas Comptroller’s Office

Source: Texas Comptroller’s Office, Texas Department of Insurance, Texas Workforce Commission, September 2015

 

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