Taxation

 

Property Tax

Property in Dumas is subject to taxation by six different taxing jurisdictions.  Property located in Moore County; outside Dumas city limits will have a slightly different tax structure.  Below are the 2016-2017 tax rates per $100 of assessed value for property located within Dumas City limits:

City of Dumas$ .290891
Moore County .411031
Dumas Independent School District1.152000
Amarillo College District.050000
Moore County Hospital District .178851
Palo Duro River Authority.014000
North Plains Water District #2.034146
FC&LR.070612
SPEC Rd.005874
Total$2.207405

Other Moore County taxing jurisdictions and tax rates per $100:

City of Sunray$ .310000
City of Cactus.232641
Sunray Independent School District 1.430000

Income Tax
Texas does not collect personal income tax.  Corporate income tax is collected in the form of a franchise tax.

Franchise Tax
The Texas franchise tax is a privilege tax imposed on each taxable entity chartered/organized in Texas or doing business in Texas. Corporations pay the greater of the tax on net taxable capital or net taxable earned surplus. The revised franchise tax applies to partnerships (general, limited and limited liability), corporations, LLCs, business political committees and other legal entities. For further information, go to www.comptroller.texas.gov

The franchise tax rates are:

  • 0.75% for most entities
  • 0.375% for qualifying wholesalers and retailers* (see qualification on website)
  • 0.331% for those entities with $20 million or less in Total Revenue (annualized per 12 month period on which the report is based) electing the E-Z Computation

Effective 01/01/2016

Sales & Use Tax

City of Dumas 2.00% Cactus 1.00% Sunray 1.00%
State of Texas 6.25% State of Texas 6.25% State of Texas 6.25%
Total 8.25%Total 7.25%Total 7.25%

Dumas Hotel/Motel Tax: 7% of taxable receipts

2012 Tax Rates
Dumas Taxes 2012
Texas Tax Rates

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