Claiming the Texas R&D Tax Credit through the Franchise Tax Credit

The State of Texas adopted Texas House Bill 800 (House Bill 800) providing state tax benefits for engaging in qualified research expenditures in the State of Texas beginning January 1, 2014. In specific, taxpayers in Texas can claim the R&D Tax Credit to offset a portion of their franchise tax or use it towards a sales and use tax exemption on the purchase or lease of depreciable tangible personal property used in qualified research in Texas.

Our latest video tutorial covers the process of claiming the Texas R&D Tax credit through the Franchise Tax Credit and highlights the applicable periods for claiming the credit.

Watch below, or alternatively, watch on YouTube at: https://www.youtube.com/watch?v=e9YF1W6wksE

Claiming the Texas R&D Tax Credit through the Franchise Tax Credit – SwansonReed





This video covers the process of claiming the Texas R&D Tax credit through the Franchise Tax Credit.

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Swanson Reed is a specialist R&D tax firm and has helped many clients across a diverse range of industries. Contact us for more information on how we can advance your company’s market value and boost its bottom line through the Research and Development Tax Credit.
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