Type of Tax	Santa Teresa, NM	El Paso, TX
Franchise Tax	None	4.5% Of Net Earned Surplus or 0.25% of Capital Assets, whichever is greater
Corporate Income Tax	4.8% - 7.6% of Taxable Value	None
Unemployment Compensation	2.7% on First $12,600 of compensation per employee; Rate Based on Experience after 4 years	2.7% or the average industry rate, whichever is greater, on first $9,000 of compensation per employee; Rate Based on Experience after 6 quarters
Property Tax	$1.12 per $100 of Property Value	$2.70 - $2.83 per $100 of Property Value
Sales Tax	5.8125%	8.25%
Inventory Tax	None	Taxed at Property Tax Rate