Page 20 - Texas Sales & Franchise Tax Handook
P. 20
Entities Subject to Franchise Tax in Texas (1/2)
Corporations LLC & Series LLCs
Each taxable entity Each taxable entity
formed in Texas or formed in Texas or
doing business in doing business in
Texas must file and Texas must file and
pay franchise tax. pay franchise tax.
T E
S Corporations Banks
Each taxable entity $ X Each taxable entity
formed in Texas or formed in Texas or
doing business in S A doing business in
Texas must file and Texas must file and
pay franchise tax. pay franchise tax.
State Limited Banking
Savings and Loan
Associations Associations
Each taxable entity Each taxable entity
formed in Texas or
formed in Texas or doing business in
doing business in
Texas must file and Texas must file and
pay franchise tax.
pay franchise tax.
