Taxation

Taxation

Property in Burnet County is appraised at market value by the Burnet Central Appraisal District. The City of Marble Falls, Burnet County and the Marble Falls Independent School District exempt inventories held for under 175 days and exported from the State of Texas. This "Triple Freeport" exemption applies to all locations and industrial parks in the City of Marble Falls.

Sales Tax Exemptions

  • Groceries
  • Prescriptions

Corporate or Personal Income Tax

  • Texas has no corporate or personal income tax

State Franchise Tax

  • 4.5% / 2.5% per $1000 net taxable income / taxable capital

Sales Tax

Tax Rate
City Sales Tax 2.00%
State Sales Tax 6.25%
Total Rate 8.25%