No Tax Due Report Texas 2025. The texas comptroller of public accounts recently announced that effective for reports due in 2024, taxable entities formed in texas, or doing business in texas, with total revenue that is less than or equal to $2.47 million. Businesses under $2.47m in receipts must file a public/ownership report instead.
(texas tax policy news no. Texas has made several changes that apply to report year 2024 (calendar year 2023) increasing the “no tax due” revenue threshold from $1.23 million to $2.47 million and the removal of the.