12/22/2008 — Master site admin
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As you visit this site you will find pieces of information that you may want to add to a Custom Profile. To do that simply click the "add" link that is associated with that information. Once you are finished gathering data simply click "View Custom Report" and that will take you directly to your report. From there you can email, print or create a PDF of that report.
Taxes
The State of Texas and the Katy Area offer a pro-business tax structure, and reasonable fees for development and businesses. Some key features of the tax structure include:
- No State Income Tax on Persons or Businesses
- No Unitary Tax
- No Local Income or Occupational Tax
- No County Sales Tax
Texas Franchise Tax:
- 1.0% (.01) for most entities
- 0.5% (.005) for qualifying wholesalers and retailers*
- 0.575% for those entities with $10 million or less in Total Revenue (annualized per 12 month period on which the report is based) electing the E-Z Computation
Ad Valorem (Property) Tax
| Location | Tax Amount | Year |
| West Ten Business Park |
$2.38 | 2007 |
| Park 10 - Harris County |
$2.81 | 2007 |
| LaCenterra |
$2.87 | 2007 |
| Katy Mills | $3.61 | 2007 |
| *Per $100 of assessed value | ||
Export table as CSV
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Katy ISD Tax Rates |
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| Year | Rates |
| 2008 | $1.5266 |
| 2009 | $1.5266 |
| 2010 | $1.5266 |
- Sales and Use Tax
- City of Katy: 1%
- County: 0%
- Special Purpose (Metro): 1%
- State: 6.25%
- Maximum Total: 8.25%
- Lodging Tax
- City of Katy: 4%
- City of Houston: 7%
- Fuels Tax
- State of Texas: $0.20 per gallon
- Unemployment Insurance
- 2.7% starting rate
- Based on the first $9,000 in earnings
- Workers Compensation Insurance
- Options include self-insurance, the state operated Texas Workers Compensation Insurance Fund or a licensed private insurance company