Our current tax structure already provides pro-business incentives. MCEDC will remain up to date on the changes to the current tax environment and will always focus on providing the most up-to-date information to you.
Learn more about State Property tax rates and local property tax rates in the chart below.
|Class of property||State Rate||Local Taxation Permitted|
Pollution Control Equipment
Inventories: Raw Materials
Inventories: Goods in Process
Inventories: Finished Goods
Other Tangible Personal Property
|Taxing Jurisdiction||Real Estate||Tangibles|
|City of Murray||$0.3154||$0.3154|
|Calloway County School District||$0.4630||$0.4630|
|Murray Independent School District||$0.7090||$0.7090|