Taxes

Property Tax in Scarborough

The property tax mil rate in Maine includes both the school and the municipal costs. The mil rate is expressed in reference to $1,000 in taxable valuation.

For Scarborough the FY 2017 mil rate is $15.92 per $1,000 of valuation. Our assessment ratio is 100%

Scarborough compares favorably to other communities in Maine for FY 2017.

  • Falmouth  $15.09
  • Scarborough $15.92
  • South Portland $17.70
  • Biddeford $19.86
  • Westbrook $18.40
  • Augusta $19.79
  • Saco $19.42
  • Bath $21.10
  • Portland $21.11
  • Bangor $22.50

To access Town Tax Maps Click here

To learn more about assessing, click here

Business Equipment Tax Exemption (BETE) and the Business Equipment Tax Reimbursement (BETR)
The State of Maine provides an exemption from property taxes for certain types of business equipment and a reimbursement for other types of business equipment. For a tutorial to find the right program for your business, Click here to download a pdf. Additional information can be found on the State’s Website.

To visit the State of Maine’s Property Tax Division Webpage, click here

Other important Tax information for Businesses:

Sales Tax:
The State of Maine’s general sales tax rate is 5.5%, meals, drinks and lodging are taxed at 8%. A pdf reference guide to sales and use law is available here. To go to the State’s website for more info click here

Service Provider Tax:
Certain services are subject to a service provider tax. To determine if you are subject to the tax, click here.

Corporate Income Tax:
Maine imposes an income tax on all entities organized as corporations (except S corporations) and that have Maine-source income. The corporate income tax is graduated, with rates ranging from 3.5% (for income up to $25,000) to 8.93% (for income in excess of $250,000).
http://maine.gov/revenue/incomeestate/corporate/corp.htm