State Incentive

Triple Freeport Exemption on “In transit” Inventory

Summary

Tax exemption for legally authorized inventory that meets certain criterion.

Texas communities tax business inventory at the same rate as land, buildings, and equipment. However, the City of Forney, Forney ISD and Kaufman County exempt this tax on legally authorized inventory, provided the inventory is shipped out of the State of Texas within 175 days. For a list of authorized inventory and other information please review Texas Tax Code Chapter 11, Section 11.251.