Franchise Tax

Article 3 – Franchise Tax

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105-114 Nature of taxes; definitions
105-114.1 Limited liability companies
105-116 Franchise or privilege tax on electric power, water, and sewerage companies
105-116.1 Distribution of gross receipts taxes to cities
105-120.2 Franchise or privilege tax on holding companies
102-121.1 Mutual burial associations
105-122 Franchise or privilege tax on domestic and foreign corporations
105-122.1 Credit for additional annual report fees paid by limited liability companies subject to franchise tax
105-125 Exempt corporations
105-127 When franchise or privilege taxes payable
105-128 Power of attorney
105-129 Extension of time for filing returns


Other Tax Credits Allowed Against Franchise Tax

Article 3B – Business and Energy Tax Credits
Article 3C – Tax Incentives for Recycling Facilities
Article 3E – Low-Income Housing Tax Credits
Article 3F – Research and Development
Article 3H – Mill Rehabilitation Tax Credit
Article 3J – Tax Credits for Growing Businesses
Article 3K – Tax Incentives for Railroad Intermodal Facilities