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Taxes

Effective Propert Tax

$12.10 per $1000

Millage Rate

30.25

Local Sales Tax

3%

State Sales Tax

4%

Freeport Tax Exemption

100%

Job Tax Credit

$1750.00

Investment Tax Credit

1%

 

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.