Tax Accountant Victoria AlternativeThe franchise report in Victoria County

The 2026 figures, from the Comptroller

The Comptroller franchise page sets the 2026 and 2027 no-tax-due threshold at $2,650,000. Retail or wholesale uses a tax rate of 0.375 percent. Every other taxable entity uses 0.75 percent. Across 2026 and 2027, compensation counted in the deduction stops at $480,000. When total revenue is $20 million or less, the Comptroller franchise page allows the EZ computation at 0.331 percent. For an entity that does business in Victoria County, 2026 and 2027 both put this yearly privilege filing on 15 May, and a Saturday, a Sunday, or a holiday the Comptroller recognizes on that date holds the packet until the following weekday.

Those sentences follow the Comptroller franchise page and publication 98-806, at https://comptroller.texas.gov/taxes/franchise/. They are statewide. An owner in Victoria uses them because the entity is a Texas taxable entity. The town was laid out in 1824, and the square is older than any report on this page. A closed April is the month that makes the revenue line on that report a figure you can stand behind. The months under the report still have to be closed before May 15 means anything.

Who files, in ordinary words

Publication 98-806 describes franchise tax as a privilege tax on each taxable entity formed in Texas or doing business in Texas. The list includes corporations, limited liability companies, S corporations, partnerships, and other legal entities. Sole proprietorships do not file, except a single-member limited liability company. A partnership whose owners are all natural persons, and that never elected limited liability, stays off the report. Electing limited liability puts that same partnership back on the May filing, and we name that election before the date is written down. The publication is the list. This page does not add a category the publication left off.

Even a report that owes no tax still costs $50 when the filing arrives after the due date. Tax that arrives between 1 and 30 days after the due date draws a 5 percent penalty. Once the tax is more than 30 days past due, the penalty on that tax is 10 percent. The Comptroller interest page lists the 2026 rate most taxes use as 7.75 percent, and interest on past-due tax begins 61 days after the due date. The interest page is https://comptroller.texas.gov/taxes/file-pay/interest.php.

Sales tax is a different return

The Comptroller sales-tax page sets the state rate at 6.25 percent. Local jurisdictions may add up to 2 percent. Once a local piece is added, the Comptroller's statewide cap does not go past 8.25 percent. Someone who files sales tax each month sends it on the twentieth, one month after those sales. The quarterly dates on that same sales page are April 20, July 20, October 20, and January 20. The source is https://comptroller.texas.gov/taxes/sales/. The statewide cap is the figure this page uses for an owner in Victoria County. A separate city add-on is not printed beside it.

The May 15 report is the same date on both sides of the state. The months under the report still have to be closed first. An open March turns the May report into a guess. That test is written out on the close. The practice does not keep an office in Victoria, and the report is filed from the books, not from a lobby.

What to bring

Bring the last franchise report you filed, the months you trust, and the revenue figure those months support. If you are not sure the entity is on the publication's list, say that. We would rather sort the entity type before anyone talks about a rate.

The federal return is a different calendar. April, June, September, and January are the estimate months, and they are described on the estimate page without a Texas rate mixed in. The franchise report stays on this page because it is the Texas filing.

Which report is open