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Texas

Texas franchise tax report and public information report

File the franchise tax report and public information report with the Texas Comptroller of Public Accounts and pay the fee: No tax below the no tax due threshold, $2,650,000 in annualized revenue for 2026 and 2027 (indexed every two years); 0.375% or 0.75% of margin above it.

When
By May 15 each year.
Agency
Texas Comptroller of Public Accounts
Applies to
Partnerships registered in Texas.
Fee
No tax below the no tax due threshold, $2,650,000 in annualized revenue for 2026 and 2027 (indexed every two years); 0.375% or 0.75% of margin above it
If missed
$50 late filing penalty plus 5% of the tax, rising to 10% after 30 days; forfeiture of the right to do business after continued failure
Source
comptroller.texas.gov, read October 22, 2026
J
Jay explains

Texas has no corporate income tax and no annual report with the Secretary of State. Instead every taxable entity files with the Comptroller by May 15: a Public Information Report, and a franchise tax report if annualized revenue is above the no tax due threshold, $2,650,000 for the 2026 and 2027 reports and indexed every two years. Since 2024, entities below the threshold file only the Public Information Report. Forgetting the report costs $50 even when no tax is due. A general partnership that never registered with the state files no annual report in most states.

Next dates

For a calendar year company. Shown as the agency states them; if a date falls on a weekend, file before it.

Also in Texas

Texas franchise tax report and public information reportTexas franchise tax report and public information reportTexas nonprofit periodic reportTexas charitable solicitation registration: only for a few categoriesTexas unemployment insurance wage reportTexas sales tax return

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