Tax & Accounting Blog

2014 Capitalization Rates in Texas

2014 Capitalization Rates in Texas

Blog February 21, 2014

The Texas Comptroller of Public Accounts recently declared that the 2014 capitalization rates. For appraising agricultural or open-space land, the cap rate is 10%, and for timberland it is 8%. Capitalization rates are required to be used by county appraisal districts in Texas to calculate the productivity values of agricultural and timberland. For additional information, … Read More

February 2014 Sales & Use Tax Rate Changes

February 2014 Sales & Use Tax Rate Changes

Rate Changes ALABAMA: AL – Excel,  2.0%; AL – Excel,  (Agricultural Sales and Use Tax) 2.0%; AL – Excel,  (Automotive Sales and Use Tax) 2.0%; AL – Excel,  (Manufacturing Sales & Use Tax) 2.0%; AL – Excel Police Jurisdiction, 1.0%; AL – Excel Police Jurisdiction, City (Agricultural Sales and Use Tax) 1.0%; AL – Excel Police Jurisdiction,(Automotive Sales and Use Tax) 1.0%; AL – Excel Police Jurisdiction, (Manufacturing … Read More