Shorter wait times occur from 8-10 ... see our Call Tips and Peak Schedule. ... The Texas franchise tax is a privilege tax imposed on each taxable entity formed or organized in Texas or doing business in Texas....

Each taxable entity formed in Texas or doing business in Texas must file and pay franchise tax.

If you have no taxable sales to report, you can file by phone. Learn more about TeleFile. ... Texas Franchise reports may be submitted electronically with approved tax preparation provider software.

Franchise Tax Web Service enables vendors and qualified entities to develop software using XML schemas for securely transmitting franchise tax reports and payments.

Search the Texas Secretary of State Website.

Links to Franchise Tax help pages.

The "Franchise Tax Account Status," previously referred to as "Good Standing," provides the status of an entity's right to transact business in Texas. A franchise tax account status may be required to conduct real estate or financial transactions. The search results can be printed and reflect the Comptroller's records at the time the query is made.

March 24, 2025 - Some states call their franchise tax a privilege tax: Per the Texas Comptroller, “The Texas franchise tax is a privilege tax imposed on each taxable entity formed or organized in Texas or doing business in Texas.”

We will provide an update on Webfile and Comptroller.Texas.Gov when this process is complete and those reports can be electronically filed. Currently, taxpayers can still electronically file 2026 Public Information Reports, Ownership Information Reports, Common Owner Reports, extension requests and payments. Printable versions of all 2026 franchise tax forms are available on our franchise tax page.

Please have your 11-digit taxpayer number ready when you call. For more information, see our Call Tips and Peak Schedule. close ⊠ · The Texas franchise tax is a privilege tax imposed on each taxable entity formed or organized in Texas or doing business in Texas.

The Texas Comptroller's office serves the state by collecting, processing, administering, or overseeing 100 separate taxes, fees, assessments, and program applications, including local sales taxes collected on behalf of more than 1,700 Texas cities, counties, and other local governments.

This is often forgotten after foreign registration in the state, although Texas will typically notify you. Corporations, LLCs, and LPs all must file and pay Franchise Taxes in Texas.

Since Texas Tax Code Section 171.001 imposes franchise tax on each taxable entity that is formed in or doing business in Texas, if you have not filed all required reports for your entity, or the Comptroller’s office could not process the filed report, we may estimate the tax liability due.

The law requires all No Tax Due Reports originally due on or after Jan. 1, 2016 and before Jan.

October 17, 2025 - The Texas Franchise Tax is levied annually by the Texas Comptroller on taxable entities doing business in the state that make over $2.47 million in annual revenue. The tax is based upon the entity’s margin and can be calculated in a number ...

“Effective with the 2026 franchise tax report, Texas will align its franchise tax depreciation rules with the bonus depreciation provisions of the One Big Beautiful Bill,” Hancock said. “Texas should never be stuck in yesterday’s rules when federal law has moved forward. Our statute allows this modernization, and it’s the right call for taxpayers.” · Historically, the Comptroller’s office used the 2007 IRC for franchise tax depreciation.

Regardless of your entity’s annualized total revenue, you must file a Public Information Report or Ownership Information Report. However, depending on your entity’s annualized total revenue, you also may need to file a franchise tax report and submit a payment.

Franchise Tax Account Status Search

September 9, 2025 - Retail trader and wholesale companies are taxed at a rate of 0.375%. All other companies are taxed at 0.75%. An easier way to figure out what you will owe is to use the Franchise Tax Calculation tool on the Texas Comptroller’s Website (scroll ...

The Comptroller's office is open to the public Monday through Friday, 8 a.m. to 5 p.m. CST, and may be contacted by phone, email and TDD equipment.