Unlike many states, Texas does not impose a traditional corporate income tax. Instead, it levies a franchise tax, which is a ...

Always forgetting to file your Texas Franchise Tax Reports on time? Starting in 2024, you might find yourself exempt from this task. The Texas legislature passed significant changes to the franchise ...

The issue of whether receipts from the sale of securities should be included in the franchise tax apportionment factor on a gross or net basis may be heard by the Texas Supreme Court after all. There ...

Texas lies among those eight states with no personal income tax and is also one of the few states with no corporate income tax. Texas has a state sales tax of 6.25%, imposed on all retail sales, ...

Thinking about starting a business in Texas? You’re not alone. With its booming economy and business-friendly climate, Texas ...

In the last two years alone, Texas has enacted a wave of legislation creating incentives for businesses to relocate their headquarters and place of incorporation to the state. This article will ...