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Taxes

August 1, 2006
Local Applicable state property tax replacement credit will reduce the gross tax rates.
Total gross rate within town per $100 valuation $9.377
Assessed at 33 1/3%
Year payable 1995
Country adjusted gross income tax (CAGIT) 1%
State corporate gross income
(adjusted gross income tax)
0.3% - 1.2%
(3.4%)
supplemental net income tax 4.5%
Unemployment contribution rate .2 - 5.5% experience rating
Benefits 26 weeks maximum
$116 - $202
Workmen's Compensation Rate Employer's liability
Workmen's Compensation Benefits 66 2/3% of weekly wage
$428 maximum
Corporate franchise tax None
Machinery, equipment, inventory tax Property tax