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Foreign
Trade Zone No. 80
The
San Antonio Foreign Trade Zone offers over 3,800 acres and more
than 5.5 million square feet of warehouse space at 10 current general
purpose sites suitable for light assembly, warehousing and distribution.
Additionally, two subzones have been established to support local
manufacturing operations. Significant advantages accrue to businesses
locating in an FTZ including: duties assessed on foreign goods are
payable only on those goods entering the United States at the time
of entry to the market; inventory management of foreign goods subject
to entry quotas; ad valorem tax liability management of foreign
goods; and rectification of inadmissible merchandise.
Taxation
Texas has no personal income tax. Sales tax: State - 6.25%, City
- 1%; Metropolitan Transit Authority - .5%. Total = 7.75%.
Corporate Franchise Tax - $2.50 per $1,000 of taxable capital or
4.5% on earned surplus.
Ad Valorem Tax - Estimated total effective tax rate; inside the
city - $2.84 to $3.07 per $100 valuation; outside the city - $2.26
to $2.35 per $100 valuation.
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