Use the rate for the report year you are filing. The index says the rates vary, and it prints them in pairs of years.
No-tax-due threshold 2,650,000 dollars. Retail or wholesale 0.375 percent. Other entities 0.75 percent. Compensation deduction limit 480,000 dollars. EZ revenue band of 20 million dollars. EZ rate 0.331 percent.
The 2024 and 2025 row keeps the two rates and the EZ rate, moves the threshold to 2,470,000 dollars, and moves the compensation limit to 450,000 dollars. Earlier pairs are on the same table and are quoted on the no-tax-due page.
The long-form rates apply to margin, which the instructions define. This page does not restate the margin methods beyond the rates and the limits that were on the index.
Read on the Comptroller franchise index, comptroller.texas.gov/taxes/franchise/, on 29 September 2026. 15 May is the day named for the yearly filing, and a weekend or holiday pushes that day forward to the following business day. For report years 2026 and 2027, tax begins above 2,650,000 dollars. Retail or wholesale is listed at 0.375 percent, every other activity at 0.75 percent, compensation is capped at a 480,000 dollar deduction, and the EZ rate of 0.331 percent is listed beside a 20 million dollar revenue band. For report years 2024 and 2025 the tax-begins figure is 2,470,000 dollars and the compensation cap is 450,000 dollars. Filing after the due date costs 50 dollars on the report. Paying in the first 30 days after the due date adds 5 percent of the tax. Paying after that window adds 10 percent. Unpaid tax starts accruing interest on day 61. Even when tax is zero, the index still wants a Public Information Report or an Ownership Report. Those lines were copied from the franchise index and nowhere else.
A revenue figure that does not match the federal return will not match the Texas report, because the report is downstream of that return. The election decides which federal form the revenue is read from. Name that election before anyone multiplies by 0.375 or 0.75.
I want the rate that belongs to the report year, taken from the federal return rather than from a remembered percentage.
You will be talking to the Steven Palmieri practice.