Texas
Taxes and business formation • USA 2025–2026
Corporation in Texas
Tax system of Texas
Income Tax
Texas has no personal income tax, which is one of the state's key advantages.
Sales Tax
The base sales tax rate in Texas is 6.25%, but local taxes can bring this figure up to 8.25% in some areas. Determining the taxable base and the applicable tax rate can be complex and requires a professional approach. We provide services for obtaining a Sales Tax Certificate, and for preparing and filing the Sales and Use Tax Return. We advise business owners on registration, calculation, and reporting.
Property Tax
The average property tax rate in Texas is 1.47%–2.2% of a home's value, which is quite high.
Business Taxes
Texas has no corporate tax, but it does have a Franchise Tax. The tax base is revenue (Taxable Margin) above $2,470,000. Tax rates depend on the type of business. Companies file an Annual Franchise Tax Report even when revenue is zero. We provide services for preparing and filing the Annual Report.
Excise Taxes
Texas levies excise taxes on items such as alcohol, tobacco, and fuel, which is a source of revenue for the state.
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