Ads
related to: texas state franchise tax board- Sales Tax Calculator
Try Our Free Sales Tax Calculator.
Lookup Sales Tax Rates By Address.
- Download Sales Tax Rates
Download Free Sales Tax Rate Tables
Rates For Cities, Counties, & More!
- Sales Tax Tables By State
Find Sales Tax Information & Rate
Tables For Individual States
- AvaTax® Official Site
Sales Tax Calculation for Business
Fast, Easy, Accurate. Every Time
- Sales Tax Calculator
Search results
Results from the WOW.Com Content Network
The primary duties of the comptroller's office are to collect substantially all tax revenue owed to the State of Texas (this involves more than 60 different types of taxes from the sales tax-- the largest source of the state's tax revenue, since Texas does not have a personal income tax-- to minor items such as the "battery sales fee" -- a $2–$3 fee on sales of lead-acid batteries) and to ...
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 capital held by the entity.
The franchise tax can be an amount based on revenue, an amount based on profits, or an amount based on the number of owners or the amount of capital employed in the state, or some combination of those factors, or simply a flat fee, as in Delaware. Effective in Texas for 2007 the franchise tax is replaced with the Texas Business Margin Tax. This ...
The state is expected to begin issuing tax rebates the week of Sept. 12. Individuals who earned less than $200,000 last year will receive a $50 rebate; couples filing jointly will receive $100 if ...
Texas is one of only 7 states not to have a state income tax. [22] [23] The state sales tax rate, 6.25%, is above the national medium, with localities adding up to 2% (8.25% total). [24] 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. [25]
In early 2006, Perry signed legislation that delivered a $15.7 billion reduction in property taxes [56] while raising other taxes such as a state franchise tax. The tax was condemned as a "back door" state income tax by many organizations. [57] Perry claimed that the bill would save the average taxpayer $2,000 in property taxes.
The government of Texas operates under the Constitution of Texas and consists of a unitary democratic state government operating under a presidential system that uses the Dillon Rule, as well as governments at the county and municipal levels. Austin is the capital of Texas. The State Capitol resembles the United States Capitol in Washington, D ...
In order to draw new businesses to the state, Texas has developed a program of tax incentives to corporations willing to move there. [40] These efforts, along with Texas focusing on developing their natural energy resources, has led to a surplus as Texas begins its next two year budget cycle.
Ads
related to: texas state franchise tax board