Local and State Tax Information for Weakley County, TN

Local Taxes

Property Tax Rates (Rate Per $100 Value of Assessed Value)
Weakley County - 2.17
Dresden - 1.31
Gleason - 1.39
Greenfield - 1.25
Martin - 1.48
Sharon - 1.63

Residential Assessment Ratio: 25% of Appraised Value

Industrial Assessment Ratio: 40% of Appraised Value

Personal Assessment Ration: 30% of Appraised Value

Sales Tax 2.75%

 

State Taxes

Sales Tax - 7.0%
Income Tax - None
Corporate (Excise) - 6.5% of Net Earnings
Corporate Franchise Tax - $.25 per $100 of Capital Property
Corporate Unemployment Tax - 2.7% - First $7,000 in Wages