Texas Franchise No Tax Due Report 2024. Beginning in 2024, each of these entities will no longer have to file this report. Effective january 1, 2024, the no tax due reporting threshold for business entities formed or qualified to do business in the state of texas will increase from $1.23 million to $2.47 million in annualized total revenue, regardless of where that revenue.

6, 2024, at the neo quimica arena in sao paulo. Texas has made several changes that apply to report year 2024 (calendar year 2023) increasing the “no tax due” revenue threshold from $1.23 million to $2.47 million and the removal of the no tax due report requirements.