Businesses Choose DeSoto, Texas, for a Favorable Tax Environment

According to the Tax Foundation's 2024 State Business Tax Climate Index, Texas ranks 1st in the West Central South region and 13th nationally as a state with a business-friendly tax environment. Compared to surrounding states, Texas boasts a total tax burden lower than nearby New Mexico, Louisiana, Oklahoma, and Arkansas.

State and Local Taxes

Texas has no individual or corporate income tax, increasing the amount of savings businesses and take-home money for employees. Additionally, Texas has a 6.25% state sales tax rate, with DeSoto adding the maximum 2.00% local sales tax rate, making sales taxes in DeSoto equal 8.25%. Property taxes in DeSoto are collected at an average rate of 2.09%.

Testimonials

“Diab Americas LP would like to thank the DEDC for their support and participation in Diab's growth during the company's 30+ years in Desoto.

Diab is proud to be part of a community where business and government can work as partners.”

Anders Berg, President – Diab Americas LP

“Brittle-Brittle is a family-owned and -operated candy and snack manufacturer. We recently decided on an expansion and were drawn to DeSoto primarily by the logistics. The location was a no-brainer. Once we met with the DeSoto Economic Development Corporation, it was clear they wanted our business as much as we wanted to be here. The City went above and beyond and helped facilitate our move here. We could not be happier with the City of DeSoto and our decision to become part of this business community.”

Jim Brown, Co-Owner, Brittle-Brittle

“DW Distribution is a 3rd-generation, family-owned business, with 6 decades of experience. We distribute residential building products throughout Texas and surrounding states. We came to DeSoto in 1999 based on its affordability, a valuable incentive package, its access to major highways and roads, as well as a plentiful workforce. It has been a great decision for our company. DW Distribution would recommend DeSoto to anyone looking to capitalize on those same benefits. The DeSoto Economic Development Corporation has been outstanding to work with. We have not only made facility investments, but we will be looking to make ongoing investments in the future.”

Nathan Potter, CEO, DW Distribution