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Texas franchise tax report and Public Information Report (PIR)
Last verified against official sources:
Texas has no annual report filed with the Secretary of State. Instead, LLCs and other taxable entities file with the Texas Comptroller every year: a franchise tax report if revenue is above the no-tax-due threshold, or just a Public Information Report (or Ownership Information Report) if it is at or below it.
File on the official site: Texas Comptroller – Franchise TaxKey facts
| Due date | May 15 each year (next business day if May 15 falls on a weekend or holiday).[1] |
|---|---|
| Who owes tax | Entities with annualized total revenue above the no-tax-due threshold, which is $2,650,000 for report years 2026 and 2027.[1] |
| At or below the threshold | No tax and no No Tax Due Report (discontinued from report year 2024), but you must still file Form 05-102 Public Information Report or Form 05-167 Ownership Information Report.[2] |
| State filing fee | None for the PIR. Tax, if owed, is 0.375% (retail/wholesale) or 0.75% (other) of taxable margin; EZ computation rate 0.331% for revenue up to $20 million.[1] |
| Late penalty | $50 per report filed late; 5% if tax is paid 1–30 days late, 10% if over 30 days late; interest starts 61 days after the due date.[1] |
| Where to file | Texas Comptroller Webfile (not the Secretary of State).[1] |
Lookalike letters the state has warned about
- Texas Attorney General alert: mailers from "Texas UCC Statement Services" asking $90 for a form most businesses don't need, designed to look like a government bill.[3]
- Texas SOS notes that a "certificate of good standing" is really a Comptroller certificate of account status or an SOS certificate of fact – order them only from those offices.[4]
Common questions
Does a small Texas LLC have to file anything if it owes no franchise tax?
Yes. Under the Comptroller's rules for report year 2024 and later, an entity at or below the no-tax-due threshold does not file a No Tax Due Report but must still file a Public Information Report or Ownership Information Report by May 15.
Is the Texas annual filing done with the Secretary of State?
No. The yearly franchise tax report and PIR go to the Texas Comptroller of Public Accounts.