Franchise Tax

Franchise Tax Calculator

Governor Rick Perry signed into law House Bill 3, which was passed during the 79th 3rd Called Session in 2006. This bill amends Texas Tax Code Chapter 171 to revise the existing franchise tax by changing the tax base, lowering the rate, and extending coverage to all active businesses receiving state law liability protection. Changes made by HB3 are effective for franchise tax reports originally due on or after January 1, 2008.

The franchise tax calculator can help you estimate your franchise tax liability under the new statute.

Download the Franchise Tax Calculator (PDF).

The tax calculator is an interactive PDF. It requires either Adobe Acrobat Reader, or an up-to-date version of the Acrobat plug-in. You can download the latest version of Acrobat Reader to use the calculator.