CITY OF MCKINNEY INCENTIVES
- Direct Financial Incentives
- Capital Investment Incentives
- Job Creation Incentives
- City of McKinney Tax Abatements
- Infrastructure Assistance
- 5G Technology Infrastructure Assistance
- Select Enterprise Zone
- Triple Freeport “Inventory” Tax Exemptions
- Permitting and Inspection Assistance
*Based on and subject to approval.
STATE & FEDERAL INCENTIVES
- Texas Enterprise Fund (TEF)
- Skills Development Fund
- Workforce Solutions Greater Dallas (WSGD)
- Job Tax Credits
- Work Opportunity Tax Credit (WOTC)
- State Enterprise Zone (EZ)
- Foreign Trade Zones (FTZ)
- Freeport Exemptions
THE TEXAS ADVANTAGE
- No personal income tax
- No corporate income tax
- Texas corporate franchise (margins) tax is among the lowest in the country at 2% or below
- Texas is a right-to-work state; both Texas and McKinney are largely non-union
- Texas has one of America’s most equitable legal system after multiple rounds of TORT reform to protect corporations against frivolous lawsuits
- Texas has one of America’s most business-friendly regulatory atmospheres
