Property Tax Rates 20 2 3 Ad Valorem Tax Rates (Per $100 Assessed Value)
Sales Tax Rates
State Sales Tax
6.25 %
Property in DeSoto Independent School District
City of DeSoto
1.00 %
0. 6 85092
City of DeSoto
Parks
.125 %
1.072800
DeSoto ISD
Property Tax Relief
.50 %
0.215718
Dallas County
Economic Development
.375 %
0.1 1 0028
Dallas Comm. College
Total
8.250 %
Parkland 0.219500 Dallas County School Equalization 0.0 0 00
Source: Texas Comptroller of Public Accounts
2. 303138
Total
Property in Dallas Independent School District
0. 685092
City of DeSoto
1.013835
Dallas ISD
0.215718
Dallas County
0.110028
Dallas Comm. College
Parkland 0.219500 Dallas County School Equalization 0. 0 0 00 00 Tota l 2.244173
The City of DeSoto includes property in three school districts. Only a very limited area is in the Duncanville Independent School District. District.
The State of Texas does not assess an ad valorem property tax at this time. Property Tax Exemptions Residence homestead exemptions for 20 22 are listed below. Applications for the exemptions are required to be filed in a timely manner.
Corporate Franchise Tax
A corporate franchise tax is levied in Texas in place of a corporate income tax. The tax is levied on businesses organized in the corporate form in Texas. Above a certain threshold, c orporations are taxed at the rate of the greater of $2.50 per $1,000 of net taxable capital or 4.5% of net taxable earned surplus.
City of DeSoto
DeSoto ISD
$ 2 5,000
Homestead
None
$3 5 ,000
Over 65
$25,000
Disabled Person
$25,000
$25,000
Source: Dallas County Appraisal District
Income Tax
Hotel/Motel Occupancy Tax In the State of Texas, the hotel/motel occupancy tax is 6% with individual cities having the option to add up to 7% tax. The total hotel/motel tax in the City of DeSoto is 13%.
The State of Texas does not impose a personal or corporate income tax.
Source: Texas Comptroller of Public Accounts
DeSoto Community Profile - Page 3
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