Lavon EDC Gateway to East Texas
214.934.7190

Taxes

2016 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 1.615000 Incentives: Homestead $15,000, Disabled $10,000, Over 65 $10,000
Collin County 0.208395 Incentives: Homestead 5%, Disabled $20,000, Over 65 $30,000, Freeport GIT
Co. College 0.081222 Incentives: Over 65 $30,000, Disabled $20,000, Freeport GIT
Total Property 2.360317  

 

Sales Tax - 8.00% (Texas 6.25% Lavon 1.75%)
Franchise Tax Texas –On corporations, 0.25% of taxable capital starting with taxable capital over $900,000.
Income Tax- None in Texas

Recent News

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.


Business Owners at Jan Card Exchange
January 17th 2017 - Business owners shared their products and services today at the... 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]