News and Events
NEW Important Information Concerning Cost of Goods Sold (COGS) and Compensation Deduction Elections
Added: 06/12/12NEW Important Information to Ensure Franchise Taxpayers Keep Their Temporary Credit
Added: 10/28/11NEW Effective Oct. 1, 2011 – $50 Late Filing Penalty
Added: 09/30/11Tax Assistance and Customer Service Response Times
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Texas Franchise Tax
The Texas franchise tax is a privilege tax imposed on each taxable entity chartered/organized in Texas or doing business in Texas.
May 2013 Deadline: How Will You File?
1. Not sure which reports to file?
See "Which Forms Should I File?"
2. Want to submit reports electronically?
Compare reporting options below and check out the new electronic submission option available through the Approved Software Providers.
| Submission Option | Approved Electronic Submission Software Providers | Approved Forms Software Providers | Texas Franchise Tax PDF Forms | |
|---|---|---|---|---|
| Cost | Fee-Based | Free | Fee-Based | Free |
| Filing Method | Electronic |
Electronic |
Print & Mail | Print & Mail |
| Payment Options* | Electronic transfers |
Electronic transfers |
Mail with Report | Mail with Report |
| Get Started! | Approved Providers | Franchise Tax WebFile | Approved Providers | Tax Forms |
*Payment Options: Depending on amounts due, some payments must be made electronically. See Electronic Reporting and Payment Requirements.
Tax Overview
- Taxable Business Types
- Tax Revisions (2007)
- Rate Information
- Due Dates
- Discounts
- Texas Statutes and Rules for the Revised Franchise Tax
- Franchise Tax for Reports Due On or Before December 31, 2007
Filing Resources
News and Events
Effective Oct. 1, 2011 – $50 Late Filing Penalty
For reports due on or after Oct. 1, 2011, a $50 late filing penalty will be assessed on every report filed after the due date. The $50 penalty is due in addition to any other penalties assessed for the reporting period. For details about these changes, please visit Publication 98-918 – Late Filing Penalties (PDF, 69KB).


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