Lavon EDC Gateway to East Texas
214.934.7190

Taxes

2017 Property Taxes % Exemptions - from taxable value on home or property
City of Lavon 0.455700 Incentives: Disabled Person $10,000, Over 65 $10,000, Freeport GIT
Community ISD 1.625000 Incentives: Homestead $15,000, Disabled $10,000, Over 65 $10,000
Collin County 0.192246 Incentives: Homestead 5%, Disabled $20,000, Over 65 $30,000, Freeport GIT
Co. College 0.079810 Incentives: Over 65 $30,000, Disabled $20,000, Freeport GIT
Total Property 2.3528/per$100 valuation  

 

Sales Tax - 8.25% (Texas 6.25% Lavon  2.0%)
Franchise Tax Texas –On corporations, 0.25% of taxable capital starting with taxable capital over $900,000.
Income Tax- None in Texas

Recent News

New Businesses Coming to Lavon
August 16th 2018 - Lavon is growing, watch our progess.  See the new ... read more.


Reserve Booth Now for Shop Small Bazaar Nov 24th
August 16th 2018 - Now is the time to select a booth location for... read more.


Lavon EDC Presents Incentive Check to Retail Center Owner
December 12th 2017 - Lavon Economic Development Corporation (LEDC) on December 11th presented an... read more.

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LAVON ECONOMIC
DEVELOPMENT CORPORATION

P.O. Box 340 | 120 School Road
Lavon, TX 75166
214.934.7190 | [email protected]