More Business Info
A Foreign Trade Zone is a geographically defined area that is within the United States and designated by the Federal government as an area that is considered outside of the United States for U.S. Customs purposes. For more information on Foreign Trade Zones, go here.
Mercantile Center is located in Foreign Trade Zone 168.
For more information on Zone 168, please contact:
Metroplex International Trade Development Company
Foreign Trade Zone 168 Grantee
Terry Parent • 817-800-6944
Triple Freeport Exemption - Mercantile Center is located in a north Fort Worth area in which all taxing authorities have adopted the exemption of business inventory taxes. This exemption applies to inventory items which are shipped out of the state of Texas within 175 days of the date they are acquired or brought into Texas and are in Texas for assembly, storage, manufacture, repair, maintenance, processing or fabrication purposes. The exemption does not apply to oil, natural gas or liquid gases that are immediate derivatives of refining oil or natural gas. Unlike many areas offering the exemption, Mercantile Center is located in what is known as a Triple Freeport area. This means that all three taxing authorities have adopted the exemption. The savings are tremendous as the illustration below indicates.
For more information regarding Freeport Exemption, please contact:
Jeff Craig - Business Personal Property Manager
Tarrant Appraisal District
Business Incentives - There are a variety of local and state programs that may benefit your business.
A comprehensive list is located by clicking here.