Texas
| Tax Type | LLC (not taxed as corp) | S Corporation | C Corporation |
|---|---|---|---|
| Filing Fee | $300 | $300 | $300 |
| Franchise Tax | Combined with revenue tax | Combined with revenue tax | Combined with revenue tax |
| Annual Report | Combined with revenue tax | Combined with revenue tax | Combined with revenue tax |
| State Income Tax | None | None | None |
| Revenue Tax | 0-0.75% | 0-0.75% | 0-0.75% |
| Tax Return Due Date | Annual Report due on May 15 | Annual Report due on May 15 | Annual Report due on May 15 |
Register your entity in Texas with the Secretary of the State . You’ll receive a communication from the state with a web id that you can use to sign up on the department of the revenue’s website. That’s where you’ll file your annual public information report and pay your franchise / revenue tax if applicable.
Instead of income tax, Texas imposes a revenue tax on entities generating revenue over $1,230,000 in Texas. The exceeding amount is subject to 0.375% tax for retail or wholesale businesses and 0.75% for all other.