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

Nov 25th Small Business Bazaar-Vendor Registration is Open
September 27th 2017 - All small businesses in the area are welcome to participate... read more.


Groundbreaking for Retail Center
February 18th 2017 - Saturday, February 18, 2017 the Lavon Economic Development Corporation held a groundbreaking... read more.


Tuesday February 21st Business Card Exchange
February 15th 2017 - Be sure to plan and attend at 7:30 A.M. on... read more.

About Lavon Lavon EDC Site Selection Economic Profile Maps & Studies Small Business News
LAVON ECONOMIC
DEVELOPMENT CORPORATION

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