Incentives

Triple Freeport Exemption

Summary

The City of Decatur, Decatur Independent School District and Wise County offers Freeport property tax exemption. The exemption allows for a 100% personal property tax exemption for goods, wares, merchandise and other tangible personal property acquired in Texas or brought into Texas and held here 175 days or less before being shipped out of the state. The property must be in the state for assembling, storing, manufacturing, repair, maintenance, process or fabrication purposes.

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