Franchise tax rates, thresholds and deduction limits vary by report year.

However, effective for reports due in 2024, taxable entities with total revenue at or below the no tax due threshold are no longer required to file a Franchise Tax Report but must continue to file an information report each year. See Tax Rates, Threshold, and Deduction Limits for information on current and historic tax rate, threshold, and deduction limit information.

March 24, 2025 - Furthermore, Texas franchise tax is a statewide tax and there are no local franchise taxes. There’s a statewide sales tax too — the base state sales tax rate in Texas is 6.25% — but most jurisdictions add a local sales tax and/or a special ...

The Employee Information System (EIS) application is no longer available effective May 31, 2025. Please contact your agency Human Resource or Payroll representative for any questions or inquiries · To expedite the processing of your tax returns, please file electronically or use our preprinted ...

November 12, 2025 - The State of Texas recently published revised Franchise (Margin) Tax rates, thresholds, and deduction limits for the 2024 and 2025 report years:

2 weeks ago - The EZ Computation multiplies the ... Total Revenue), by the EZ Computation Rate. In 2024 and 2025, the EZ Computation Rate is 0.331%....

The Employee Information System (EIS) application is no longer available effective May 31, 2025. Please contact your agency Human Resource or Payroll representative for any questions or inquiries · To expedite the processing of your tax returns, please file electronically or use our preprinted ...

The No Tax Due Report is not available for 2025 reports. Effective for reports due on or after Jan.1, 2024, an entity that has annualized total revenue less than or equal to the no tax due threshold of $2.47 million is not required to file a No Tax Due Report.

June 23, 2025 - As of 2008, the Texas franchise tax is calculated from an entity’s margin. Margin is computed in one of the following ways (unless filing with EZ computation): ... (Revenue is calculated by subtracting statutory exclusions from the revenue reported on your company’s federal income tax return.) That number is then taxed accordingly (for 2024 and 2025...

April 17, 2025 - These changes may impact your filing obligations and tax calculations. Franchise Tax Rates and Thresholds For 2025, the Texas franchise tax rates and thresholds are as follows: No Tax Due Threshold: $2.47 million

November 1, 2025 - How is Franchise Tax Calculated in Texas for 2025? Learn about rates, exemptions, and filing with expert help from HoustonTax.

March 9, 2025 - The No Tax Due Threshold applies to Texas franchise taxes and determines whether a business is required to pay the tax. For 2025, businesses with total revenue below $1.23 million are not required to pay the franchise tax.

The Employee Information System (EIS) application is no longer available effective May 31, 2025. Please contact your agency Human Resource or Payroll representative for any questions or inquiries · To expedite the processing of your tax returns, please file electronically or use our preprinted ...

July 22, 2025 - 1, 2026.26 A taxable entity is not eligible for and may not claim the new R&D credit if the taxable entity, or a member of the taxable entity’s combined group, received a sales tax exemption for property used in R&D activities during the period for which the report is based. ... Effective June 20, 2025, legislation amends the statute relating to the computation of COGS by television and radio broadcasters.27 The legislation clarifies that certain existing franchise tax provisions applicable to broadcasting apply not only to free, over-the-air, local television broadcasters licensed by the Federal Communications Commission (FCC), but also to similarly situated, free, over-the-air, local FCC-licensed radio broadcasters.

The following cities have abolished the additional city sales and use tax for the purpose listed below:

December 4, 2024 - I’ve posted two blogs that cover the first two steps in computing the Texas Franchise Tax – the computation of “taxable margin” and the computation of the appropriate “apportionment factor.”...

October 17, 2025 - The Texas Franchise Tax is calculated on a company’s margin for all entities with revenues above $2,470,000.

taxes · If you are unable to file using Webfile, use our downloadable .PDF reports, designed to work with the free Adobe Reader. While other browsers and viewers may open these files, they may not function as intended unless you download and install the latest version of Adobe Reader. 2025 report year forms and instructions · Texas Franchise Tax Reports for 2024 and Prior Years ·

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February 2, 2025 - For businesses with revenue below $20 million, the franchise tax rate is 0.375% for most entities (as of 2024).