Taxes
Property in DeSoto Independent School District
Taxing Entity | Ad Valorem Tax Rate (per $100 assessed value) |
---|---|
City of DeSoto | 0.705144% |
DeSoto ISD | 1.4900% |
Dallas County | 0.2431% |
Dallas Community College | 0.1240% |
Parkland Memorial Hospital | 0.2794% |
Dallas County School Equalization | 0.0100% |
State of Texas | 0.000% |
Total Tax Rate: | 2.8516% |
Property in Dallas Independent School District
Taxing Entity | Ad Valorem Tax Rate (per $100 assessed value) |
---|---|
City of DeSoto | 0.705144% |
Dallas ISD | 1.2821% |
Dallas County | 0.2431% |
Dallas Community College | 0.1240% |
Parkland Memorial Hospital | 0.2794% |
Dallas County School Equalization | 0.0100% |
State of Texas | 0.0000% |
Total Tax Rate: | 2.6437% |
The City of DeSoto includes property in three school districts. Only a limited area is in the Duncanville Independent School District.
DeSoto, TX Sales Tax Rate
Taxing Entity | Ad Valorem Tax Rate (per $100 assessed value) |
---|---|
State Sales Tax* | 6.250% |
City of DeSoto | 1.000% |
Parks † | 0.125% |
Property Tax Relief † | 0.500% |
Economic Development | 0.375% |
Total Tax Rate: | 8.25% |
Source: Texas Comptroller of Public Accounts
*The state of Texas levies a sales tax of 6.25% on the sale of tangible personal property and taxable services. Certain specific exemptions apply.
† In 1994, the City of DeSoto voted to levy an additional 1.00% sales tax to be allocated for property tax relief, new park projects and economic development.
Texas Income Tax Rate
Taxing Entity | Income Tax Rate |
---|---|
State of Texas | 0% |
Total Tax Rate: | 0% |
Corporate Franchise Tax
A corporate franchise tax is levied in Texas in place of a corporate income tax. The tax is levied on businesses organized in the corporate firm in Texas. Corporations are taxed at the rate of the greater of $2.50 per $1,000 of net taxable capital or 4.5% of net taxable earned surplus.
Hotel/Motel Occupancy Tax
In the State of Texas, the hotel/motel occupancy tax is 6% with individual cities having the option to add up to 7% tax. The total hotel/motel tax in the City of DeSoto is 13%.
For more information:
Dallas Central Appraisal District
Dallas County Tax Office