HB5181 — Relating to the minimum revenue calculation subject to the Texas Franchise Tax.

HB5181 — Relating to the minimum revenue calculation subject to the Texas Franchise Tax. · Informed CitizenryThe bill amends Chapter 171.002 of the Tax Code regarding franchise tax rates and computation. It establishes that generally, the rate of the franchise tax is 0.75 percent of taxable margin. Howeve…Open in Informed Citizenry