Unlike many states, Texas does not impose a traditional corporate income tax. Instead, it levies a franchise tax, which is a ...
I discussed Texas franchise tax nexus in a prior post, which can be found here. However, there is a different (albeit similar) set of rules for Texas sales and use tax nexus. As with Texas franchise ...
As noted in a prior post, the Texas franchise tax is a tax imposed on any “taxable entity” that does business in Texas or that is chartered or organized in Texas. [1] This begs the question – “Which ...