taxeseSystems Help

x close

No Tax Due Information ReportFranchise Tax

Be aware! eSystems/Webfile will time out after 30 minutes of inactivity. Your work will not be saved.

Industry Classification Code

SIC Code: Enter the code that is appropriate for the taxable entity or the code that reflects the overall business activity of a combined group. View the 1987 Standard Industrial Classification (SIC) codes .

NAICS Code: Enter the code that is appropriate for the taxable entity or the code that reflects the overall business activity of a combined group. View the North American Industry Classification System (NAICS) codes.

Accounting Year Begin Date

Annual Report: Enter the day after the end date on the previous franchise tax report.

For entities that became subject to the tax after October 3, 2009, enter the date the entity became subject to the tax.

Final Report: Enter the day after the end date on the previous franchise tax report.

Accounting Year End Date

Annual Report: Enter the last accounting period end date for federal income tax purposes in the year before the year the report is originally due.

Entities that became subject to the tax during the previous calendar year and have a federal accounting year end date that is prior to the date the entity became subject to the tax, will use the day they became subject to the franchise tax as the accounting year end date on the first annual report. This results in a zero report.

Final Report: Enter date the taxable entity ceased doing business in Texas. For a Texas entity, the end date is the effective date of the termination, merger or conversion into a non-taxable entity. For a non-Texas entity, the end date is the date the entity ceased doing business in Texas.

Qualification Questions

Is this entity a passive entity as defined in Section 171.0003 of the Texas Tax Code?
Select Yes when the entity meets the definition of a passive entity found in Section 171.0003 of the Texas Tax Code. See instructions for Item 1 on Form 05-163 for more information.
Is this entity’s annualized total revenue below the no tax due threshold?
Select Yes when the entity’s total annualized revenue is less than or equal to the no tax due threshold. The no tax due threshold is as follows:
  • $1,110,000 for reports due in 2016-2017
  • $1,080,000 for reports due in 2014-2015
  • $1,030,000 for reports due in 2012-2013
  • $1 million for reports due in 2010-2011
  • $300,000 for reports due in 2008-2009
Does this entity have zero Texas gross receipts?
Select Yes when the entity has zero Texas gross receipts. See Form 05-158 instructions for more information.
Is this entity a Real Estate Investment Trust (REIT) that meets the qualifications specified in Section 171 .0002(c)(4) of the Texas Tax Code?
Select Yes when the entity meets the qualification of Section 171.0002(c)(4) of the Texas Tax Code. See instructions for Item 4 on Form 05-163 for more information.
Is this entity a New Veteran-Owned Business as defined in Texas Tax Code Sec. 171.0005?
(You must pre-qualify to check this box).
To be considered a new veteran-owned business, an entity must meet specific requirements, and submit proper documentation which is verified by the Comptroller’s office.

Revenue

Enter the amount of total revenue using the instructions for Items 1-10 of Form 05-158-A. Note: Passive entities, REITs and new veteran-owned businesses may enter zero.

Find franchise tax forms if you cannot submit electronically.

Need assistance?

If your question is not addressed here, contact us.