Texas Tax Code Chapter 171. • 0.75% (0.0075) for most entities • 0.375% (0.00375) for qualifying wholesalers and retailers • 0.331% (0.00331) for those entities with $20 million or less in annualized total revenue using the ez computation. (3) the entity does not receive more than 10 percent of its federal gross income from conducting an active trade or business.
(3) the entity does not receive more than 10 percent of its federal gross income from conducting an active trade or business. Web the franchise tax rates for reports originally due on or after january 1, 2016: Tx tax code § 171.651 (2021) sec. Acts 2006, 79th leg., 3rd c.s., ch. Added by acts 1991, 72nd leg., 1st c.s., ch. 2022 | check for updates | other versions. Web tax code title 2. A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. Tax credit for certain research and development activities. (1)aaaffiliated group means a group of one or more entities in which a controlling interest is owned by a common owner.
Tx tax code § 171.651 (2021) sec. A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. Tax credit for certain research and development activities. The exemption applies only to a period for which no tax is due. (3) the entity does not receive more than 10 percent of its federal gross income from conducting an active trade or business. Acts 2006, 79th leg., 3rd c.s., ch. 2022 | check for updates | other versions. Tx tax code § 171.0005 (2021) text of section effective until january 01, 2026. A taxable entity that does not owe any tax under this chapter for any period is not required to file a report under section 171.201 or 171.202. Web income received by a nonoperator from mineral properties under a joint operating agreement if the nonoperator is a member of an affiliated group and another member of that group is the operator under the same joint operating agreement. Tx tax code § 171.651 (2021) sec.