PROPERTY TAX
| Cleveland, TX - City Rate (in Cleveland ISD) |
| Rate |
| Liberty County | 0.4700000 |
| City of Cleveland | 0.7700000 |
| Cleveland ISD | 1.0241000 |
| TOTAL: | 2.2641000 |
| Cleveland, TX - City Rate (in Tarkington ISD) |
|
| Rate |
| Liberty County | 0.4700000 |
| City of Cleveland | 0.7700000 |
| Tarkington ISD | 0.9302000 |
| TOTAL: | 2.1702000 |
SALES TAX
| Tax Allocation | Percentage | Rate/$100 |
| State of Texas | 6.25% | $6.25 |
| Liberty County | .50% | $0.50 |
| City of Cleveland - General Revenue | 1% | $1.00 |
| City of Cleveland - Property Tax Relief | .25% | $0.25 |
| Cleveland Economic Development Corp. | .25% | $0.25 |
| TOTAL: | 8.25% | $8.25 |
STATE INCOME TAX
Texas does not impose a personal or corporate income tax.
BUSINESS FRANCHISE TAX
The Texas franchise tax is a privilege tax imposed on each taxable entity formed or organized in Texas or doing business in Texas.
The following are applicable for 2025:
| Texas Franchise Tax |
|
| ITEM | AMOUNT |
| No Tax Due Threshold | $2,470,000 |
| Tax Rate (retail or wholesale) | 0.375% |
| Tax Rate (other than retail or wholesale) | 0.75% |
| Compensation Deduction Limit | $450,000 |
| EZ Computation Total Revenue Threshold | $20 million |
| EZ Computation Rate | 0.331% |