Texas Franchise Tax No Tax Due Report 2024 Report. Texas has increased the “no tax due” revenue threshold for the texas franchise tax to $2.47 million and eliminated the requirement to file a no tax due. 11/01/2023, 11/01/2023.) no tax due threshold;

Texas franchise tax reports are annual filings required by the texas comptroller of public accounts for businesses operating within the state of texas. Effective january 1, 2024, franchise reports submitted on or after this date will reflect changes made by texas senate bill (sb) 3, 88th legislature, second called session.