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Summary of Taxes
       
  • Personal Income Tax: None
  • Corporate Income Tax: None
  • Corporate Franchise Tax: also called the “Margins Tax”; tax rate is 1% of margin for most taxable entities, and 0.5% for entities primarily engaged in retail and wholesale trades; Texas Comptroller has published detailed information on the revision in Revised Franchise Tax Overview.
  • Sales & Use Tax: State 6.25%; tangible personal property and certain services; City 1.5%; Navarro County 0.5%; Combined Sales & Use Tax – 8.25%
  • Property Tax information is available from the Navarro Central Appraisal District


Navarro Central Appraisal District
111 E. 1st Ave.
Corsicana, TX 75110
(903) 872 6161