Tax Savings Calculator2018-07-31T16:13:09+00:00

RESOURCES/TOOLS

Triple Freeport Exemption

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!

ENTER VALUES

Inventory

Total Value in Dollars
(Do not include $ sign or commas.)

Percentage of Inventory Shipped (Out of State)

Percent (%)

Facility Size

Square Footage
(Do not include commas.)
After clicking, scroll below for results.

RESULTS

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: 0.805

Tax:
Exemption:
Net tax:

FORT WORTH ISD

Rate per $1000: 1.352

Tax:
Examption:
Net Tax:

TARRANT COUNTY

Tax per $1000: 0.244

Tax:
Exemption:
Net Tax:

TARRANT COUNTY COLLEGE DIST.

Tax per $1000: 0.14006

Tax:
Exemption:
Net tax:

JPS HEALTH NETWORK

Tax per $1000: 0.224429

Tax:
Exemption:
Net tax:

WATER DISTRICT

Tax per $1000: 0.0194

Tax:
Exemption:
Net tax:

TOTAL

Tax per $1000: $2.784889

Tax:
Exemption:
Net tax:

ANNUAL SAVINGS PER SF