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What is a Texas franchise tax number?
Does Texas impose franchise tax?
When does a franchise tax report end in Texas?
What information do I need to set up a franchise tax account?
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 ...
- Franchise Tax Frequently Asked Questions - Texas
However, the member is not included in the calculation of...
- STAR: State Automated Tax Research for the State of Texas
You can file your entity’s franchise tax and information...
- Franchise Tax Frequently Asked Questions - Texas
Note – for an entity that became subject to the tax during the 2020 calendar year and has a federal accounting year end date that occurs before to the date the entity became subject to franchise tax, use the day the entity became subject to franchise tax as its accounting year end date on its first annual report. This will result in a $0 tax ...
- What Is Franchise Tax?
- Tax Rates, Thresholds and Deduction Limits
- Additional Resources
The Texas franchise tax is a privilege tax imposed on each taxable entity formed or organized in Texas or doing business in Texas. For general information, see the Franchise Tax Overview.
Franchise tax rates, thresholds and deduction limits vary by report year. Use the rate that corresponds to the year for which you are filing.
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,
You can check on the Texas Franchise Tax account status of your company (or another company) by conducting an online Taxable Entity Search on the Comptroller’s website. To search for a business, enter its name, 11-digit Texas taxpayer ID number, 9-digit Federal Employer Identification Number (FEIN) or Texas SOS file number.
To determine whether you should file Form 05-102, Texas Franchise Tax Public Information Report (PDF), or Form 05-167, Texas Franchise Tax Ownership Information Report (PDF), see this question below: Which entities file Form 05-102, Texas Franchise Tax Public Information Report (PDF), and which entities file Form 05-167, Texas Franchise Tax ...
