Texas Comptroller of Public Accounts
FOR IMMEDIATE RELEASE
May 7, 2020
(AUSTIN) — Texas Comptroller Glenn Hegar today is reminding taxpayers that the due date for 2020 franchise tax reports was extended to July 15 to be consistent with the Internal Revenue Service.
The extended due date applies to all franchise taxpayers. It is automatic, and taxpayers do not need to file any additional forms. The original due date, May 15, was extended last month in response to the COVID-19 pandemic and to provide Texas businesses relief.
The Texas franchise tax is a tax imposed on each taxable entity formed or organized in Texas or doing business in Texas. Unlike the sales and use tax, the franchise tax is not collected from the consumers of those taxable entities.
Franchise taxpayers who need an extension beyond the July 15 date have these options:
For continuous updates on deadlines, business owners and the general public should view our COVID-19 Emergency Response page.
In 2015, the Texas Legislature passed House Bill 855, which requires state agencies to publish a list of the three most commonly used Web browsers on their websites. The Texas Comptroller’s most commonly used Web browsers are Google Chrome, Microsoft Internet Explorer and Apple Safari.