State Incentives

Alabama offers businesses an attractive taxation environment – one of the nation’s lowest overall tax burdens. In addition, Alabama  provides a number of tax incentives designed to assist with a cost-effective start-up and provide continued operational savings. Some incentives include:

View the overview summary of Alabama taxes and incentives.

Local Incentives

Local incentives in Phenix City are also available in addition to the incentives offered by the state:

  • Property Discounts
  • Industrial Revenue Bonds
  • Property and Sales Tax Abatements
  • Infrastructure Improvements
  • Other incentives possible depending on the scope of project

Tax Breakdown

Rate

Millage Rate (City) 59
Millage Rate (County) 36
Assessment Rate 20%
Effective Property Tax Rate (City)
*$11.80 per $1,000 of Fair Market Value
1.18%
Effective Property Tax Rate (County)
*$7.20 per $1,000 of Fair Market Value
0.72%
Local Sales Tax (City) 4%
Local Sales Tax (County) 1%
State Sales Tax 4%
Total Sales Tax (City) 9%
Total Sales Tax (County) 7%