The Texas Comptroller set the 2026 franchise-tax no-tax-due threshold at $2,650,000 in annualized total revenue, up from $2,470,000 for 2024 and 2025. Entities at or below the threshold owe no franchise tax and no longer file a No Tax Due Report, but must still file a Public Information Report (PIR) or Ownership Information Report (OIR) by May 15, 2026. Standard rates are unchanged (0.75%, or 0.375% for retail/wholesale).
Texas franchise-tax no-tax-due threshold rises to $2.65M for 2026 reports
Most small Texas LLCs and startups fall under $2.65M and owe zero franchise tax, but skipping the required PIR/OIR still triggers delinquency, penalties, and loss of good standing. Founders should calendar the May 15, 2026 PIR/OIR filing even when no tax is due, and confirm their revenue against the new higher threshold before assuming they owe.
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