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 05 139 Final Corporation Franchise Tax Report  Texas Comptroller    Window State Tx 2007-2025

Texas Franchise Tax Instructions 2007-2025 Form

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Instructions and help about comptroller franchise tax

welcome to county office your ultimate guide to local government services and public records let's get started how much is the franchise tax in Texas the Texas franchise tax is a complex tax that varies based on several factors including the type of business and its annual revenue who must pay the franchise tax this tax is levied on various business entities doing business in Texas including corporations llc's Banks Partnerships and trusts among others provided they earn over $2.47 million in total revenue calculation of the franchise tax the tax is calculated based on the entity's margin which can be determined in several ways total revenue multiplied by 70% total revenue Minus cost of goods sold total revenue minus compensation total revenue minus $1 million total revenue calculation total revenue is calculated by taking Revenue amounts reported for federal income tax tax and subtracting statutory exclusions such as dividends from federal obligations and certa

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