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      • Click here to view your franchise tax status. Here is a list of different Franchise Tax Statuses: Active, Eligible for Termination/ Withdrawal: the entity has met franchise tax requirements to file for termination or withdrawal with the Secretary of State. Forfeited: the entity’s Right to Transact Business in Texas is forfeited.
      texastaxconsultinggroup.com › tax › texas-franchise-tax-status

      Texas Franchise Tax Status

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  3. comptroller.texas.gov › taxes › franchiseFranchise Tax Frequently Asked Questions

    If the tax due is less than $1,000, but annualized total revenue is greater than the no tax due threshold amount, then a No Tax Due Report cannot be filed. A franchise tax report supporting the amount of tax due (Form 05-158, Texas Franchise Tax Report (PDF), or Form 05-169, Texas Franchise Tax EZ Computation Report (PDF)) must be filed. Thus ...

  4. comptroller.texas.gov › taxes › franchiseFranchise Tax Frequently Asked Questions

    On its 2021 first annual franchise tax report, it will enter its accounting year end date as 12/31/2020. An out-of-state entity created Texas nexus on Sep. 1, 2020. It uses a fiscal year (June 30) accounting period when reporting with the IRS. On its 2021 first annual franchise tax report, it enters its accounting year end date as 09/01/2021.

  5. star.comptroller.texas.gov › view › 202106005LSTAR: State Automated Tax Research for the State of Texas

    For a final report, enter the day after the end date the entity reported on its current year’s annual franchise tax report. Example. An entity that is terminating this year entered the accounting year end date of 12/31/2020 on its 2021 annual franchise tax report. On its 2021 final franchise tax report, it will enter its accounting year begin ...

  6. www.dfps.texas.gov › Doing_Business › ContractFranchise Tax Account Status - Texas

    An entity must have an active franchise tax status. DFPS does not conduct business with entities who have a forfeited franchise tax status. To check for tax delinquency, contract staff must verify the status of the Franchise Tax Account: No earlier than the seventh calendar day before the effective date of a contract with a provider; and,

  7. texastaxconsultinggroup.com › tax › texas-franchiseTexas Franchise Tax Status

    Oct 1, 2019 · Click here to view your franchise tax status. Here is a list of different Franchise Tax Statuses: Active, Eligible for Termination/ Withdrawal: the entity has met franchise tax requirements to file for termination or withdrawal with the Secretary of State. Forfeited: the entity’s Right to Transact Business in Texas is forfeited.

  8. star.comptroller.texas.gov › view › 202209001LSTAR: State Automated Tax Research for the State of Texas

    A taxable entity's 2014 franchise tax report is based on the period Sept. 15, 2013, through Dec. 31, 2013 (108 days). Its total revenue for the period is $350,000. Its annualized revenue is $1,182,870 ($350,000 divided by 108 days multiplied by 365 days).

  9. comptroller.texas.gov › taxes › exemptFrequently Asked Questions About Exemptions

    Until an entity is granted franchise tax exemption, the entity must file franchise tax reports and pay any tax due. Are there any franchise tax exemptions available to for-profit entities? Yes. For-profit entities can apply for exemption from franchise tax if they are. organized under Internal Revenue Code (IRC) Section 501(c)(2), (16), or (25)