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TEXAS FUNERAL SERVICE COMMISSION 3rd QUARTER NEWSLETTER April 2013 through June 2013 Board Members Lynn Gene Allen, Presiding Officer Joyce Odom Jeanne Linger Sue Evened Jonathan Sierpinski Patrick

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What is tfsc?

The Tax on Financial Services and Operations (TFSC) is a tax imposed on financial institutions for their transactions and operations.

Who is required to file tfsc?

Financial institutions such as banks, credit unions, and insurance companies are required to file TFSC.

How to fill out tfsc?

TFSC forms can be filled out online through the designated tax authority's website or submitted physically through mail.

What is the purpose of tfsc?

The purpose of TFSC is to generate revenue for the government from the financial sector to fund public services.

What information must be reported on tfsc?

Information such as the institution's financial transactions, revenue, and operations must be reported on TFSC.

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