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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.
Franchise tax. 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.
A franchise disclosure document ( FDD) is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the United States. It was originally known as the Uniform Franchise Offering Circular ( UFOC) ( or uniform franchise disclosure document ), prior to revisions made by the Federal Trade ...
Under the bill authored by Sen. Paul Bettencourt, R-Houston, and signed onto by nearly all Senate members, the state's franchise tax exemption will double, allowing up to $2.47 million of an ...
The Houston Texans are a professional American football team based in Houston. The Texans compete in the National Football League as a member club of the American Football Conference (AFC) South division, and play their home games at NRG Stadium . The Texans were founded in 1999, and were owned by Bob McNair until his death in 2018; following ...
Texas is ranked as the 8th largest economy among nations of the world by nominal GDP, ahead of Canada, South Korea, Russia, and Australia. [13] In 2019, Texas had a median household income of $61,874. [14] As of August 31, 2022 Texas had a total of $64.40 billion in state debt outstanding, including both general obligation and revenue debt.
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of October 2022, CarMax operates 238 locations.
Academy Sports + Outdoors is an American sporting-goods store chain with corporate offices in the Katy Distribution Center in unincorporated western Harris County, Texas, United States, near Katy and west of Houston. For 74 years, it was a privately held company owned by the Gochman family, until its May 2011 acquisition by Kohlberg Kravis Roberts.