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The annual franchise tax report is due May 15. If May 15 falls on a weekend or holiday, the due date will be the next business day.
You can file your franchise tax report, or request an extension of time to file, online.
Texas Tax Code Section 171.001 imposes franchise tax on each taxable entity that is formed in or doing business in this state. All taxable entities must file completed franchise tax and information reports each year.
How to File Your Texas Franchise Tax Report Determine your due date and filing fees. Complete the report online OR download a paper form. (Paper forms not allowed for No Tax Due Information Report.) Submit your report to the Texas Comptroller of Public Accounts.
How much does the Texas annual franchise tax report cost? There is no filing fee for your franchise tax report. The only payment due is any franchise tax owed for that filing year, plus a $1 service fee for online payments.
Each taxable entity formed in Texas or doing business in Texas must file and pay franchise tax.
How to File Your Texas Franchise Tax Report Determine your due date and filing fees. Complete the report online OR download a paper form. (Paper forms not allowed for No Tax Due Information Report.) Submit your report to the Texas Comptroller of Public Accounts.