Public Utility Gross Receipts Assessment

Who is responsible for this assessment?

Each public utility within the jurisdiction of the Public Utility Commission must pay this assessment.

Rates

One-sixth of one percent (.001667) of gross receipts from rates charged to the ultimate consumer in Texas.

Due Date

• Yearly: August 15, for the twelve-month period covering July 1 of prior year through June 30 of the current year; or
• Quarterly: August 15, November 15, February 15 and May 15 for the calendar quarter preceding the due dates. For example, the quarter covering January through March 2015 was due by May 15, 2015.

Penalties and Interest

Penalties

• If tax is paid 1 day after the due date, a 10 percent penalty is assessed.

Interest

• Past due taxes are charged interest beginning 31 days after the due date.
• Interest accrues at an annual rate of 12 percent.

Reporting and Payment Requirements

Select the amount of taxes you paid in the preceding state fiscal year (Sept. 1 – Aug. 31) to find the reporting and payment methods to use.

Less than $500,000

A paper report is the only available reporting method.

Select one of these payment methods:

• Web Electronic Funds Transfer (EFT) or credit card via Webfile (American Express, Discover, Mastercard® and Visa)
• TEXNET
• Check

$500,000 or more

A paper report is the only available reporting method.

TEXNET is the only acceptable payment method.

Additional Resources

• Refunds
• Public Utility Commission (PUC)