In 2005, two new laws affect business filings. Chapter 171 of the 2004 Session Laws changes how franchise taxes are paid. Chapter 143 of the 2004 Session Laws changes several required items on our filing forms. Our forms have been updated to reflect the requirements of both laws. Please use the new forms for all filings.
For business entities filing annual reports for Tax Year Ends November 30, 2004, and previous, please review the law requirements for that time period.
The new franchise tax and fee law requires businesses to pay a franchise tax to the Kansas Department of Revenue and a separate franchise fee to the Secretary of State. Both are due the 15th day of the fourth month following the tax year end-e.g. April 15, 2005, for entities with a December 31 tax year end.
Kansas Department of Revenue - franchise tax (maximum $20,000)
Business entities that have $100,000 of net worth or more in the state must pay to the Kansas Department of Revenue a franchise tax of 0.125% of the total net worth. Business entities required to pay the tax will file a return with the Department of Revenue, which must be accompanied by the taxpayer's balance sheet.
The franchise tax may be filed electronically starting February 2005, at www.ksrevenue.org/franchisetax.htm or
by paper on the Franchise Tax Return, Form K-150, available from the Web site or the department's
forms order line: (785) 296-4937. Additional forms and instructions may be obtained at the
Web site, or you may call (785) 368-8222 if you have questions about the franchise tax.
Secretary of State - franchise fee ($55)
The franchise fee must be paid to the Kansas Secretary of State with the entity's annual report. Both may be submitted electronically at the Kansas Business Center. To file the annual report and pay the franchise fee by mail, you may visit this Web site to download and print forms and instructions. The annual report and $55 fee should be mailed to:
Kansas Secretary of State
Ron Thornburgh
Memorial Hall, 1st Floor
120 SW 10th Avenue
Topeka, KS 66612-1594
Please contact our Customer Service Center (785) 296-4564, if you have questions about the franchise tax and fee law.
Please note: Do not send your franchise fee and annual reports to the Department of Revenue. Your business will forfeit if the correct annual report and franchise fee are not received by the Secretary of State on or before your forfeiture date.
Fee Schedule
Review the Requirements of the Old and New Franchise Tax/Fee Law
New Franchise Tax and Fees Information
Review frequently asked questions and additional information about the Franchise Tax and Fee Law
File your form online