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.
Franchise tax. A franchise tax is a government levy (tax) charged by some US states to certain business organizations such as corporations and partnerships with a nexus in the state. A franchise tax is not based on income. Rather, the typical franchise tax calculation is based on the net worth of or capital held by the entity.