Freeport Inventory Tax ExemptionIn addition to the excellent logistics considerations, companies locating at DFW Park 161 also benefit from inventory tax savings through the Freeport exemption provisions available from Dallas county, Carrollton/Farmers Branch ISD and the Freeport equivalent from the city of Irving for qualifying users. The Freeport Inventory Tax Exemption allows tenants to be exempt from personal property taxes on inventories from outside the state of Texas, held less than 175 days and then shipped out of the state of Texas.
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Foreign Trade ZoneDFW Foreign Trade Center I is located in DFW Airport’s North Foreign Trade Zone #39. Companies operating in the Foreign Trade Zone (FTZ) receive additional inventory tax exemptions for international inventory and savings or elimination of custom duties, tariffs and taxes. Merchandise imported into the Foreign Trade Zone for distribution throughout the United States are not subject to tax while in the FTZ and if exported, taxes are never assessed for international inventory.
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Customs ClearanceA company operating in the FTZ is eligible to receive cost savings and efficiencies by clearing multiple containers as a single customs entry. An entry is one or more containers, but if multiple containers and located in the FTZ, the containers can be grouped per week whether or not they arrive at the same time and at the same place resulting in substantial savings in customs clearance fees.
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