Tax Rates Report The City of Richardson lies in two counties and two school districts. This gives residents and Richardson businesses two different tax rates, depending on their location within the city. The southern two-thirds falls in Dallas County and the Richardson Independent School District. The northern third falls in Collin County and Plano Independent School District. Richardson Property Tax Rates 2020* Richardson (Dallas County) Dallas County $0.23974 City of Richardson $0.62516 Dallas County Community College $0.1240 Richardson ISD $1.4047 Parkland Hospital $0.26610 Dallas County School Equalization $0.01 Total Tax Rate $2.6697 Richardson (Collin County) Collin County $0.172531 City of Richardson $0.62516 Collin County Community College $0.0812 Plano ISD $1.32375 Total Tax Rate $2.202663 *Per $100 of Assessed Valuation Sources: Dallas County Appraisal District, Collin County Appraisal District Tax Year 2020 Adopted Tax Rates for Peer Cities Allen $0.4850 Arlington $0.6225 Carrollton $0.5875 Dallas $0.7763 Fort Worth $0.7475 Frisco $0.4466 Garland $0.7696 Grand Prairie $0.6699 Irving $0.5941 McKinney $0.5086 Mesquite $0.7086 Plano $0.4482 Richardson $0.6251 Other Taxes (Applicable to Richardson) Total Sales Tax Rate 8.25% State 6.25% City 1.00% Metropolitan Transit Authority 1.00% Total Hotel/Motel Tax Rate 13% Corporate Franchise Tax Texas franchise tax is a tax imposed on each taxable entity chartered/organized in Texas or doing business in Texas. Revisions to the tax were made during the 2007 legislative session. For more information contact the State Comptroller of Public Accounts at 1-800-252-1381 for franchise tax questions. Income Tax Texas has NO personal or corporate income tax and no state property or unitary tax.