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Form 1120 (Schedule D) online Grand Prairie Texas: What You Should Know

Taxable and Non-Taxable Property The Grand Prairie Texas City Code establishes city policies that govern property taxes. Taxable Property Any land that is used for a trade or businesses (including farms, farm operations, industrial facilities for manufacturing or processing, and the like). Non-Taxable Property Any land that is not used in a trade or business. Property in Grand Prairie — Grand Prairie Businesses that Tax and Trade Businesses in Grand Prairie Tax and Trade Any property that the owner of the business keeps within this City for purposes of making a profit or is otherwise engaged in for profit. Commercial properties are allowed to impose additional requirements regarding how their property will be used. See the Grand Prairie Businesses Tax and Trade page for more information. Commercial entities such as restaurants and bars include some special conditions when determining the allowable use of their property. If you have any questions, please contact the Business Development Department at.

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