Get the free Form 05-167, Texas Franchise Tax Ownership Information Reprot. Form 05-167, Texas Fr...
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05167
(Rev.224/8)PRINT FORM Texas Franchise Tax Ownership Information Report
Professional Associations or Financial InstitutionsTcode 13197FILING REQUIREMENTSTaxpayer number Davenport year2
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What is form 05-167 texas franchise?
Form 05-167 is the Texas Franchise Tax Report used by businesses to report their income and calculate franchise taxes owed to the state of Texas.
Who is required to file form 05-167 texas franchise?
Entities engaged in business in Texas with a certain revenue threshold are required to file Form 05-167, including corporations and limited liability companies (LLCs).
How to fill out form 05-167 texas franchise?
To fill out Form 05-167, you need to provide your business details, financial information, and calculate your franchise tax based on your revenue. Detailed instructions are available in the form guidelines.
What is the purpose of form 05-167 texas franchise?
The purpose of Form 05-167 is to report a business's revenue to the Texas Comptroller and determine the amount of franchise tax owed for the business operations in Texas.
What information must be reported on form 05-167 texas franchise?
Form 05-167 requires reporting of business income, deductions, and total revenue, as well as providing information on the entity type and any applicable exemptions.
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