Comptroller Adopts Revised Franchise Tax Apportionment Rule
In previous emails and webcasts, we had shared changes the Comptroller proposed to make to administrative rule 3.591, concerning the apportionment of taxable margin. The proposed rule was published in the November 13 edition of the Texas Register. TTARA, a number of taxpayers, taxpayer representatives, and other associations submitted a number of comments, with particular…
Read MoreTTARA Formal Comments on Proposed Franchise Tax Rule 3.591
TTARA Comments on Proposed Draft Franchise Tax Rule 3.591
Draft Franchise Tax Rule 3.591
Comptroller’s Local Sales Tax Rule 3.334: TTARA Member Conference Call Set for Thursday January 30
The Comptroller’s Office published proposed revisions to Rule 3.334, Local Sales and Use Tax, in the January 3 rd edition of the Texas Register. The proposed changes implement recently passed legislation, but also modify the sourcing of the local sales tax. These changes could result in a substantial reassignment of sales tax across local jurisdictions. The agency…
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