Annual Report Tax Rates

	Corporate Income Tax	6%
	Sales Tax (State)	4.5%
	Sales Tax (City of Mustang)	4.0%
	County Tax	.35%
	Total Sales Tax	8.85%
	State Personal Income Tax	7%
	Ad Valorem (Property Tax)
	Real Property	100.65 mils.

 

The breakout for this total is:  the City of Mustang- 1.39mils, Mustang Public Schools- 58.58 mils, County-16.11 mils and Vo-Tech-21.6 mils

Personal Property

12%

 

Unemployment Compensation Tax - 1.1% on first $10,900 of payroll and .2% to 5.8% after two years experience.