Finance & Revenue
Athens is considering adding a freeport tax exemption.
What is a freeport tax exemption? An inventory-based property-tax exemption on inventory that is in Texas for a period of 175 days or less, and which will be taken outside of Texas
Is it common? 21% of Texas cities offer it
Is it complicated? Municipal utility districts also must =grant the exemption, if a businesses apply
How often must businesses apply? Every year
Athens Daily Review | Athens city officials consider offering freeport tax exemption
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