Effective Propert Tax | | | | | | $12.10 per $1000 |
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Millage Rate | | | | | | 30.25 |
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Local Sales Tax | | | | | | 3% |
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State Sales Tax | | | | | | 4% |
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Freeport Tax Exemption | | | | | | 100% |
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Job Tax Credit | | | | | | $1750.00 |
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Investment Tax Credit | | | | | | 1% |
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Freeport Tax - 100%
Walton County's freeport inventory tax exemption is fully implemented at the 100% level.
Exemption from ad valorem taxes for inventories of finished goods held by orginial manufacturers; raw materials and goods in process; finished goods held by distributors, wholesalers and manufacturers but destined for out-of-state shipment.
Job Tax Credit
For companies engaged in manufacturing, warehousing and distribution, processing, tourism , and research and development industries. Companies creating 25 or more new jobs uin Walton County will receive a $1750 tax credit.