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News

Mar 28, 2020
Individuals, small businesses, big corporations, hospitals and public health, federal safety net, state and local governments, and education are the six main groups that would see the largest impact from the Coronavirus Aid, Relief, and Economic Security Act passed in the House and Senate.
Mar 21, 2020
VEDC directs you to available local, state, and federal resources.
Dec 17, 2019
Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, today announced that it will permanently close its Point Comfort alumina refinery in Texas.

Taxes

  • The State of Texas and Victoria levies no corporate or individual income tax.
  • The Tax Foundation's 2013 State Business Tax Index lists Texas as having one of the top 10 best business tax climates in the nation.
  • The Texas tax structure for business includes franchise tax, sales & use tax, and property tax.

Additional information on taxation is available at the following websites: