The virus is spread from person to person through: 1  Direct contact, such as shaking hands. 2  Small droplets that form when a person sneezes or coughs. 3  Contact with objects such as handkerchiefs that have been in contact with fluids from an infected person's nose or throat.
Final Franchise Tax Reports. A Texas entity must file and pay its final franchise tax report in the year it plans to terminate, merge or withdraw with the Texas Secretary of Stateâs office. For out-of-state entities, the final report must be filed and paid within 60 days of that entity ceasing to have nexus in Texas.
The Franchise Tax for a corporation is due by March 1 of every year. If the tax is not paid on or before March 1, the state imposes a $125 late penalty, plus a monthly interest fee of 1.5 percent. The Franchise Tax for a Delaware LLC is due by June 1 of every year. The limited partnership (LP) Franchise Tax is also due by June 1 of every year. If the tax is not paid on or before June 1, the state imposes a $200 late penalty, plus a monthly interest fee of 1.5 percent.