What is the Corporate Tax Rate in Texas?
![](https://i0.wp.com/www.reidellawfirm.com/wp-content/uploads/2014/11/iStock_000044939590Medium.jpg?fit=800%2C600&ssl=1)
What is the Corporate Tax Rate in Texas? Texas is one of the few states that does not levy a corporate income tax. Instead the state places a 1% franchise tax on most entities with gross receipts over $1 million. This franchise tax is “a tax on the privilege of doing business in Texas.” Some […]