For a Texas entity, the end date is the effective date of the termination, merger or … Select Yes when the entity has zero Texas gross receipts.
The entity has $300,000 or less in Total Revenue. The entity has zero Texas Gross Receipts. The entity used the 2008 Temporary Credit for Business Loss .
any taxes to the state. Texas collects gross receipts taxes, which are assessed based. … Texas has no corporate income tax, but it still taxes state businesses.
Your business can qualify to file a No Tax Due Report if any of the following statements are true: your business is an entity or a combined group with annualized total revenue less than or equal to the No Tax Due threshold; your business has zero Texas receipts; your business is a passive entity as defined in Chapter .
zero Texas Gross Receipts would mean that NO gross income was … receipts, top line income) for having any tax due, but you’ll still need to do .
The statement is asking if the business has zero sales. … Texas collects gross receipts taxes, which are assessed based on the total amount of .
The entity has zero Texas gross receipts. The entity has a tax due of less than $1,000 (TX Tax Code §171.002(d)). The entity has $434,782 or .
In Texas, however, we still have to report the annual Franchise Tax which is due in May. … “Does the entity have zero Texas Gross Receipts?”.