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Use our online search to find a taxpayer's Franchise Tax Account Status. The "Franchise Tax Account Status," previously referred to as "Good Standing," provides the status of an entity's right to transact business in Texas.
Taxable Entity Search. Use the 11-digit Comptroller's Taxpayer Number or the 9-digit Federal Employer's Identification Number. Use the File Number assigned by the Texas Secretary of State.
TAX IMPOSED. (a) A franchise tax is imposed on each taxable entity that does business in this state or that is chartered or organized in this state. (b) The tax imposed under this chapter extends to the limits of the United States Constitution and the federal law adopted under the United States Constitution.
To determine a taxable entity's franchise tax account status, begin at the Taxable Entity Search page. You can search by: Texas taxpayer number (11 digits, begins with 1 or 3); Federal Employer's Identification Number (9 digits); Entity Name; Texas Secretary of State Filing Number; After a successful search, you will be able to: Print franchise ...
Tax Code Section 171.1012. Determination of Cost of Goods Sold. (a) In this section: (1) “Goods” means real or tangible personal property sold in the ordinary course of business of a taxable entity. (2) “Production” means construction, manufacture, development, mining, extraction, improvement, creation, raising, or growth. (3)
A taxable entity shall exclude from its total revenue, to the extent included under Subsection (c) (1) (A), (c) (2) (A), or (c) (3), the tax basis as determined under the Internal Revenue Code of securities and loans sold.
Taxpayers may search by taxpayer number, employer identification number, legal name, business name, city and zip code to verify the status (active or inactive) of a sales and use tax permit. This search allows vendors to determine permit status of purchasers before accepting a resale certificate.
