Franchise Tax Evaluation

 

What We Do

In 2006, Texas’ Governor signed into law an expanded business tax, the Margin Tax, labeled by many as the largest tax increase in Texas history. This bill replaced the ineffective, loophole-addled franchise tax, and is expected to draw in $14.5B in taxes over five years.
The bill was fraught with problems and remains for the most part; misunderstood.

Streamline is well-versed in this troublesome tax law, helping to mitigate risk, and creating streamlined analyses. We slice through the confusion and complexities and can parse out confusing rules including “synergy” and “mutual benefit.”

Our analysis covers the following:

 

✓ Measuring a company’s new Texas margin tax liability
✓ Diagnosis of issues that will considerably impact a company
✓ Identifying potential methods to reduce tax liability
✓ Analyzing margin law filings
✓ Reviewing “new” apportionment calculations
✓ Facilitating a deeper client understanding of the new Texas margin tax

Contact Us Today

 

For a free franchise tax review, call us at (972) 838-1914.