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A franchise tax is a government levy (tax) charged by some US states to certain business organizations such as corporations and partnerships with a nexus in the state. A franchise tax is not based on income. Rather, the typical franchise tax calculation is based on the net worth of or capital held by the entity.
The Texas Comptroller of Public Accounts is an executive branch position created by the Texas Constitution. The comptroller is popularly elected every four years, and is primarily tasked with collecting all state tax revenue and estimating the amount of revenue that the Texas Legislature can spend each biennium.
Number of employees. ~64,900 [3] (2020) Website. texasroadhouse .com. Texas Roadhouse is an American steakhouse chain that specializes in steaks in a Texan and Southwestern cuisine style. [4] It is a subsidiary of Texas Roadhouse Inc, which has two other concepts (Bubba's 33 and Jaggers) and is headquartered in Louisville, Kentucky. [5]
Texas – no individual income tax but imposes a franchise tax on corporations. In May 2007, the legislature modified the franchise tax by enacting a modified gross margin tax on certain businesses (sole proprietorships and some partnerships were automatically exempt; corporations with receipts below a certain level were also exempt as were ...
Liberty Tax, is a chain of franchise and company-owned locations that provide tax preparation services. It is known for its wavers, people in Statue of Liberty costumes and Uncle Sam costumes, used as a form of guerrilla marketing. [2] It is the third largest institutional tax preparation service provider in the United States and second largest ...
Jackson Hewitt office, Wayne, Michigan. Jackson Hewitt Tax Service Inc. is the second largest tax-preparation service in the United States; responsible for preparing over 2 million federal, state, and local income-tax returns each year. The headquarters is located in Jersey City, New Jersey. [2] It operated more than 6,000 franchised and ...
Texas is one of only 7 states not to have a state income tax. The state sales tax rate, 6.25%, is above the national medium, with localities adding up to 2% (8.25% total). Texas does have a "back to school" sales tax holiday once a year (generally around the first weekend in August) on clothing and footwear under $100.
Texas Instruments facility in Stafford: Texas Instruments was Stafford's largest employer. Originally, Stafford was an agricultural community. As of 2009, it has operations from commercial, manufacturing, retail, service, and wholesale industries that pay sales and franchise taxes to the city.
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