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Enterprise Zone

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  • Several industrial sites lie within the Lufkin Enterprise Zone. Within this zone, qualified manufacturers are eligible for up to a $1.2 million refund ($250,000 per year over 5 years) for state and use taxes paid for building materials, machinery, and equipment. Franchise Tax reductions are also available based on either a 50% reduction of increased apportioned taxable capital or a 5% reduction in apportioned earned surplus income as calculated on each franchise tax report during the 5 year designation period.
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