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Franchise Tax
Airdate: October/November 2007

The rules on doing business in Texas are changing. Are you ready? The Texas Legislature revised the franchise tax by changing the tax base and tax rate and extending coverage to most legal entities. This means 200,000 new businesses will have to file franchise tax reports starting January 1. So now is the time to familiarize yourself with the revised Texas franchise tax. For more information call the Comptroller's office toll free at (800) 252-1381. Or visit us on the Web at".

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