Randolph Metrocom
Business and Industry
The Randolph Metrocom area and the IH 35 corridor are among the fastest growing regions of Texas.
A number of industrial parks and office complexes are ready to accommodate businesses seeking to expand or relocate to the less crowded confines up the IH 35 corridor toward Austin. All Metrocom cities are actively involved in economic development: the San Antonio Economic Development Foundation, Northeast Partnership and the Randolph Metrocom Chamber of Commerce all provide assistance to new and expanding businesses relocating to the “Heart of South Texas.”
Texas levies an annual franchise tax on all corporations doing business in the state. Corporations make two sets of tax calculations, one for their net worth (or taxable capital), and another for their earned surplus tax base. Both calculations determine final tax liability. The 2005 tax rate is $2.50 per $1,000 or apportioned taxable capital, or a tax of 4.5% on appointed surplus, whichever is greater. For more information about the Texas franchise tax, including rate changes, visit the state comptroller website at www.window.state.tx.us/.
In Texas, there is no state personal income tax. Businesses pay an unemployment insurance tax on taxable wages up to $9,000 per employee. Rates range from a minimum of 0.58% to a maximum of 8.02%, with the average experience tax rate being 1.74%, as of 2005. For more information about the unemployment insurance tax, including rate changes, visit the Texas Workforce Commission website at www.twc.state.tx.us/.
The effective sales tax rate in Texas is 6.25%. Local communities, transit authorities and special jurisdictions may levy up to an additional 2%. The state comptroller’s website contains current sales tax rates for every community in Texas.
Government entities (e.g., counties, cities, schools) may levy an ad valorem tax on the real property of individuals, proprietorships and corporations. Total tax liability is determined by applying tax rates per $100 of assessed value (set by taxing authorities) to an appraisal done by each county appraisal district.
Three appraisal districts make up the Randolph Metrocom:
Bexar County (www.bcad.org)
Comal County (www.comalcad.org) and
Guadalupe County (www.guadalupecad.org).
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- Greetings from the Metrocom
- Community Introduction
- Location and Transportation
- Cibolo
- Converse
- Garden Ridge
- Kirby
- Live Oak
- Marion
- Selma
- Universal City
- Windcrest
- Randolph Air Force Base
- Tourism and Lodging
- Real Estate
- Recreation and Entertainment
- Education in the Metrocom
- Dining and Shopping
- Business and Industry
- Professional Healthcare
- Worship Services
- Chamber of Commerce
- Randolph Metrocom TX Participating Advertisers
- Randolph Metrocom Map
- Randolph Metrocom Chamber Website
