Tx Franchise Tax Instructions 2024-02. If your combined group's total. The texas franchise tax, which applies to most businesses operating in the state, will see changes to its rates in 2024.

If a combined group’s annualized total revenue is at or below the no tax due revenue threshold, the combined group is no longer required to file a franchise tax. (1) the regime relates to business taxation of income from geographically mobile activities (such.