Which entities file the Public Information Report, Form 05-102, and which entities file the Ownership Information Report, form 05-167?
The Public Information Report (PIR) is filed for each taxable entity that is legally formed as a corporation, limited liability company or financial institution. Professional associations, partnerships, associations, trusts and all other taxable entities, except for corporations, limited liability companies and financial institutions, file the Ownership Information Report (OIR). A separate PIR or OIR must be submitted by each member of a combined group unless the member does not have nexus in Texas.