As a right-to-work state, Texas does not have a state income tax. Texas also provides a business-friendly climate with no corporate income tax, creating one of the lowest overall tax burdens in the country.
Sales TaxesÂ
Municipal: 1.5%
State: 6.25%
Economic Development: 0.375%
Parks and Downtown: 0.125%
Total: 8.25%
Property TaxesÂ
City of Terrell: $0.7642
Kaufman County: $0.439122
Terrell ISD: $1.49805
Road & Bridge: $0.09799
Trinity Valley Community College: $0.13854
Total Effective Rate per $100: $2.937902
Hotel Occupancy Taxes
State of Texas: 6%
City of Terrell: 7%
Total Rate: 13%