economic incentives
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
City of McKinney
- Direct FinancialIncentives
- 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
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