Texas offers a competitive tax climate and powerful incentives to allow businesses to invest in the things that matter—growing your workforce, improving facilities and boosting your bottom line. For more information, check out the information here on Business in Texas.
Corporate & Personal Income Tax Rates
There is no corporate or personal income tax levied by the State of Texas, Washington County, or the City of Brenham.
Real & Personal Property Tax Rates
Entity |
Tax Rate |
---|---|
City of Brenham |
0.4584 per $100 valuation |
City of Burton |
0.28979 per $100 valuation |
Washington County |
0.3840 per $100 valuation |
Brenham ISD |
0.7693 per $100 valuation |
Burton ISD |
0.9380 per $100 valuation |
Blinn College District |
0.03630 per $100 valuation |
Sales & Use Rates
Entity |
Tax Rate |
---|---|
State of Texas |
6.25% |
Washington County |
0.5% |
City of Brenham |
1.5% |
State of Texas Franchise Tax (2022-2023 rates)
Entity |
Tax Rate |
---|---|
No Tax Due Threshold |
$1,230,000 |
Tax Rate (retail or wholesale) |
0.375% |
Tax Rate (other) |
0.75% |
Compensation Deduction Limit |
$400,000 |
EZ Computation Total Revenue Threshold |
$20 million |
EZ Computation Rate |
0.331% |