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05-153 (Rev.10-04/5) Do Not Staple or Paper Clip TEXAS FRANCHISE TAX INVESTMENT CREDIT -- Schedule J a. 13175 Annual / Initial d. REPORT YEAR b. Please do not write in space above. g. 13177 Final
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What is texas franchise tax investment?
Texas franchise tax investment is a tax imposed on business entities that derive income from Texas sources.
Who is required to file texas franchise tax investment?
Business entities that operate in Texas or derive income from Texas sources are required to file Texas franchise tax investment.
How to fill out texas franchise tax investment?
Texas franchise tax investment can be filled out online through the Comptroller's website or through the mail using the appropriate forms.
What is the purpose of texas franchise tax investment?
The purpose of Texas franchise tax investment is to generate revenue for the state government.
What information must be reported on texas franchise tax investment?
Information such as gross receipts, apportionment factors, and deductions must be reported on Texas franchise tax investment.
When is the deadline to file texas franchise tax investment in 2023?
The deadline to file Texas franchise tax investment in 2023 is May 15th.
What is the penalty for the late filing of texas franchise tax investment?
The penalty for the late filing of Texas franchise tax investment is 5% of the tax due for each month that the return is late, up to a maximum of 25%.
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