Triple Freeport Exception

Triple Freeport Tax Exemption helps reduce costs associated with inventory taxes. The exemption allows products and goods to be moved through the state without incurring inventory taxes, if those products are held for less than 175 days. Businesses with high-value inventories and multi-state distribution systems can benefit significantly from this tax exemption.

To get an idea of the economic impact of Carter Industrial Park’s triple freeport status, try the worksheet below. You may use the figures already provided in the boxes, or enter your own!

Inventory:
$
(no dollar signs or commas, please)

Percent of inventory shipped
out of state: %
Facility size: sq. ft.

Note: Figures in the table below are calculated automatically. They represent
an illustration of the potential tax benefits of “triple freeport” status–but
should in no sense be considered a formal quote or legal opinion.

City of Fort Worth

Rate per $1000: 0.835
Tax:
Exemption:
Net tax:

Fort Worth ISD

Rate per $1000: 1.322
Tax:
Exemption:
Net Tax:

Tarrant County

Tax per $1000: 0.264
Tax:
Exemption:
Net Tax:

Tarrant County College Dist.

Tax per $1000: 0.149
Tax:
Exemption: None
Net tax:

JPS Health Network

Tax per $1000: 0.228
Tax:
Exemption: None
Net tax:

Water District

Tax per $1000: 0.02
Tax:
Examption: None
Net tax:

Total

Tax per $1000: $2.838
Tax:
Exemption:
Net tax:

Annual savings of per SF.