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    Texas Franchis

    Can anyone tell me if all partnerships are subject to the new Franchise fees. My software is auto printing the tax due or no tax due reports.

    #2
    I'm posting a link to the site that gives you the info. Basically, if the partnership is made up of all natural persons, no franchise tax return is required.

    The Texas franchise tax is a privilege tax imposed on each taxable entity formed or organized in Texas or doing business in Texas.
    You have the right to remain silent. Anything you say will be misquoted, then used against you.

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