Business incentives for new economic development by way of a declining percentage taxation.
First year – 100% tax exemption
Second year – 75% tax exemption
Third year – 50% tax exemption
Fourth year – 25% tax exemption
Fifth year – 0% tax exemption
Application for Business Incentives for new economic development must be made to Council for the Town of Kyle. Applications are accepted at the Town of Kyle Office during regular office hours.