Texas Franchise Tax Relief

By Dana McGuffin | July 24, 2015 | Comments Off on Texas Franchise Tax Relief

On June 15, 2015 Texas Governor Greg Abbott signed into law a permanent reduction in the Texas Franchise Tax.  There was a 25% reduction in both the retail rate which dropped from 0.5% to 0.375% and the non-retail rate which was reduced from 1.0% to 0.75%.  In addition, the maximum revenue for filing the EZ…

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