Business Tax Structure

Business Tax Structure 

State Taxes

With no corporate income tax and no individual income tax, Texas has one of the lowest tax burdens in the country, ranking as a Top 10 Best State in the Tax Foundation's 2013 State Business Tax Index.
The Comptroller of Public Accounts is charged with the administration and collection of state and local sales tax from businesses operating in Texas, and collects any franchise taxes owed by Texas corporations. The Comptroller maintains field offices in most major Texas cities to provide assistance and aid in complying with tax regulations. For further information on these taxes, contact:
Comptroller of Public Accounts
111 East 17th Street
Austin, Texas 78711
(512) 463-4600 or (800) 252-5555
 

Join Our Group | DesiJungle