The Texas Franchise Tax is Fundamentally an Income Tax

Date

2014

Authors

Parker, Emily A.
Outenreath, Alyson

Journal Title

Journal ISSN

Volume Title

Publisher

Abstract

The Texas franchise tax is not a franchise tax in the typical sense but instead is fundamentally an income tax. Practitioners should be aware of several nuances which apply to the Texas franchise tax.

Description

Keywords

Texas franchise tax, income tax, apportionment formula, Texas, corporations

Citation

Emily A. Parker & Alyson Outenreath, The Texas Franchise Tax is Fundamentally an Income Tax, Lexis TX Tax P.I. 1,289 (2014).