TABLE 15
McAllen-Edinburg-Mission MSA, Texas
TAXATION
Corporate Income Tax/Franchise Tax
Rate (range)
Formula (e.g., Sales, Property & Payroll)
Federal Taxes Deductible
Accelerated Depreciation Permitted (Yes or No)
Personal Income Tax
Rate (Range)
Earned Income
Unearned Income (e.g., Dividend)
Local Occupation Tax (Paid by Employee)
City Residents
Non City Residents
Local Wage Tax (Paid by Employer)
City Residents
Non City Residents
Gross Receipts Tax Rate by Type of Business
Utility Companies
Sales/Use Tax Rate
State
Local
Total
Sales Tax by Utility:
Electric Power
Natural Gas
Fuel Oil
Water
Sewer
Hazardous Waste Disposal
Telephone Sales Tax Rates (State and local combined)
Local Area
Long Distance In State
Long Distance Out of State
Machinery & Equipment Subject to Sales/Use Tax
Production
Non-Production
Pollution Control
Office Furniture/Fixtures/Equipment
Sales/Use Tax (Yes or No) on
Office Building Construction Materials
Industrial Building Construction Materials
Manufacturers' Raw Materials
Standard Software
Custom Software
Intangible Property
Describe What is Subject to Tax Rate (e.g., Accounts
Receivable, Capital Stock)
Basis & Rate
Stock Bond Transaction Fee (Yes or No, If Yes, List Rate)
Real Property Tax Rates for Jurisdictions Featuring
Major Employment Centers
City Millage
County Millage
School Millage
Special District Millage
Total Millage
Assessment Ratio (%)
Effective Rate per $100
Personal Property Tax Rates per $100 for Jurisdictions
Featuring Major Employment Centers
City Millage
County Millage
School Millage
Special District Millage
Total Millage
Assessment Ratio (%)
Effective Rate per $100
State Property Tax Effective Rate per $100
Real Property (land/building)
Personal Property (machinery/equipment)
Subject to Personal Property Tax
Production Machinery & Equipment
Non Production Machinery & Equipment
Pollution Control
Inventory
Raw Materials
Work in Progress
Finished Goods
Freeport Legislation
Applicable to Warehousing
Applicable to Manufacturing
Goods Stored in a Public Warehouse
City/County Option to Allow Freeport (yes or no)
Office Furniture-Fixtures
Computer Equipment
Workstations
Telephones
Furniture
Company Vehicles
Standard Software
Custom Software
State
Franchise tax of 1% is a gross receipt tax paid by most taxable entities. Retailers pay 0.5%.
Property factor 0%; Payroll factor 0%; Sales factor 100%.
No
Yes
State Local
None None
None None
Rate Basis
None None
None None
Rate Basis
None None
None None
State Local
1.997% 1.997%
6.25%
2.00%
8.25%
Residential Commercial
No Yes
No Yes
No No
No No
No No
No No
8.25%
8.25%
6.25%
No
Yes
No
Yes
Yes
Yes
No
Yes
Yes
None
-
-
Important Employment Centers within Hidalgo County
Edinburg Hidalgo
0.6350 0.3514
0.5900 0.5900
1.1898 1.3200
There are no special districts in Hidalgo County
2.4148 2.2614
100 100
$2.41 $2.26
Important Employment Centers within Hidalgo County
Edinburg Hidalgo
0.6350 0.3514
0.5900 0.5900
1.1898 1.3200
There are no special districts in Hidalgo County
2.4148 2.2614
100 100
$2.41 $2.26
None
None
Yes
Yes
No
No
No
Yes
Yes (no property tax for 175 days)
Yes (no property tax for 175 days)
Yes (no property tax for 175 days)
Yes (no property tax for 175 days)
Yes
Yes
Yes
Yes
No
Yes
Yes
Manufacturing
No
No
No
No
No
No
McAllen Mission Pharr Weslaco
0.4213 0.5666 0.6819 0.6967
0.5900 0.5900 0.5900 0.5900
1.1450 1.2400 1.2710 1.1397
2.1563 2.3966 2.5429 2.4264
100 100 100 100
$2.16 $2.40 $2.54 $2.43
McAllen Mission Pharr Weslaco
0.4213 0.5666 0.6819 0.6967
0.5900 0.5900 0.5900 0.5900
1.1450 1.2400 1.2710 1.1397
2.1563 2.3966 2.5429 2.4264
100 100 100 100
$2.16 $2.40 $2.54 $2.43
Updated December 2008