The WEDC recognizes that the financial cost of doing business can greatly affect where you choose to do business. The state of Texas along with the city of Wylie have a wide range of tax incentives coupled with no state income tax for companies of all sizes in all stages. The WEDC wants to come alongside your business to aid you in taking advantage of these incentives and tax programs so your business can best flourish in our community.
City of Wylie: .643751
Wylie ISD: 1.459800
Collin County: .174951
Collin College: .081222
State - 6.25%
City of Wylie - 1.00%
Wylie Economic Development Corporation - 0.50%
4B Parks, Recreation and Library - 0.50%
Total Sales Tax - 8.25%
State - 6.00%
Local - 7.00%
Total Hotel Tax - 13.00%
Gross Receipts Tax - 6.70% Paid by Permit Holder
Mixed Beverage Sales Tax - 8.25%
Total Collected by State - 14.95%
City of Wylie receives 10.71% of total Mixed Beverage Taxes collected by the state.