Page 17 - Texas Franchise Tax Handbook

Calculation of the Tax (7/7)

Available Credits

The following franchise tax credits are

available:
A B • Temporary Credit for Business Loss

Carryforwards under Texas Tax Code
Section 171.111 (effective for reports
F C originally due on or after Jan. 1, 2008)

• Research and Development
E D Activities Credit under Texas Tax Code

Chapter 171, Subchapter M (effective
for reports originally due on or after
Jan. 1, 2014)

• Certified Historic Structures
Rehabilitation Credit under Texas Tax

Code Chapter 171, Subchapter
S (effective for reports originally due
on or after Jan. 1, 2015)