texas corporation franchise tax report

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texas corporation franchise tax report
Q. Which Franchise Tax Form/report need a Texas-based consultant with the We Simplify the Internet corporation file?


The Texas Comptroller of Public Accounts’ website, at www.window.state.tx.us features a list of taxable entities in their FAQs section. The site informs its visitors that: An entity that is not a member of a combined group can file Form 05-163 (No Tax Due) if any of the following applies: The entity is a passive entity as defined in Chapter 171, Texas Tax Code; The entity has $300,000 or less in total revenue annualised per 12-month period on which the report is based; or The entity has zero Texas gross receipts. Many Texas-based We Simplify the Internet corporation consultants cite the ease with which their franchise tax business can be dealt with online as an advantage to operating their consultancy efficiently. FREE franchise information from the world’s #1 Internet Consultancy Franchise We Simplify the Internet, is available here: www.We Simplify the Internetcorporate.com.


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