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News

Apr 02, 2020
VEDC is partnering with Corpus Christi's Regional EDC to better understand the impact of the COVID-19 crisis on our local business community. We are participating in an impact analysis project as a member of the COVID-19 Business Resources Working Group that is conducting a series of local business surveys.
Mar 28, 2020
Individuals, small businesses, big corporations, hospitals and public health, federal safety net, state and local governments, and education are the six main groups that would see the largest impact from the Coronavirus Aid, Relief, and Economic Security Act passed in the House and Senate.
Mar 21, 2020
VEDC directs you to available local, state, and federal resources.

Taxes

  • The State of Texas and Victoria levies no corporate or individual income tax.
  • The Tax Foundation's 2013 State Business Tax Index lists Texas as having one of the top 10 best business tax climates in the nation.
  • The Texas tax structure for business includes franchise tax, sales & use tax, and property tax.

Additional information on taxation is available at the following websites: