Texas's tax structure is built to maximize your money — business-friendly for your company and favorable for your employees alike.
Waco is 8.25%
In surrounding municipalities the rate is 7.74% to 8.25%.
McLennan County: 0.334805%
City of Waco: 0.755000%
Waco ISD: 1.026600%
McLennan Community College: 0.131974%
Tax rates per $100 assessed at 100%
Machinery, equipment, and replacement parts used in manufacturing, processing, fabricating, or repairing tangible personal property for sale — with a useful life over six months — are exempt from state and local sales and use tax, as is labor for constructing new facilities.
Machinery used exclusively to process, pack, or market agricultural products by the original producer, at a producer-operated location, is exempt from state sales and use tax.
Electricity and natural gas used in manufacturing, processing, or fabricating tangible personal property are exempt from state sales and use tax, provided a "predominant use study" confirms at least 50% of usage drives a physical change to the product.