Unlike many states, Texas does not impose a traditional corporate income tax. Instead, it levies a franchise tax, which is a ...

There were two major points of discussion in the Senate Finance, Ways and Means Committee on Tuesday: the cuts to the franchise ... state's property tax relief program. He said it does not need ...

Senate Bill 2103 would change the method by which the state charges franchise taxes to businesses, eliminating the property ...

Almost no one likes the Texas franchise tax — for good reason. The tax is what is called a margins tax, owing to a 2007 reform that made the tax more complex, less efficient and more unfair.

But what exactly is a franchise tag? How does it work? And who can be tagged? Here's a quick breakdown. The franchise tag was created in 1993. NFL teams can use the tag on one of their impending ...

The law requires the city to use any franchise fee revenues above 5% to reduce property tax levies that fund the transit system or to maintain existing services. Des Moines has a 5% franchise fee ...

Pogge-Weaver said Tuesday the city does not plan to raise its property tax levy in the upcoming fiscal year budget, in part due to the increased franchise fees. What will the increased franchise ...