On June 5, the Texas House Ways & Means Committee held a hearing on potential Texas franchise tax changes. The Austin American Statesman has published an article about the hearing, and the TSCPA has also covered it in its blog. A four and a half hour long recording of the hearing is available here. After watching the hearing, it appears that […]
The Texas House Ways & Means Committee recently announced a hearing on changes to the Texas franchise tax, also known as the margin tax. The hearing is scheduled for June 5. The notice for the meeting is posted here. The Committee wishes to discuss “equity and administrative issues” about the margin tax, including but not limited […]
You’ve probably heard about Amazon.com recent $269 million Texas sales tax settlement with the Comptroller. Back in 2010, the Comptroller alleged that under existing state law, Amazon should have been collecting Texas sales tax from all of its Texas customers. Then in 2011, the Legislature balanced the budget by adding a provision to the tax code making it […]
We’re only a little over a week away from the May 15 filing deadline for the 2012 Texas franchise tax reports. With that in mind, I wanted to discuss a few areas you may wish to consider while you prepare those Texas franchise tax reports and extensions.
This morning, three public policy experts asked the Ways & Means Committee of the Texas House of Representatives to consider a full repeal of the Texas property tax. The speakers included Peggy Venable from the Texas Chapter of American for Prosperity, Talmadge Heflin from the Texas Public Policy Foundation, and Debra Medina, former GOP Texas gubernatorial candidate […]
Welcome, everyone, to the Seay Law Firm’s Texas tax law blog. It will primarily cover Texas tax law. We’ll use this space to provide updates on current events in Texas tax law, as well as provide a more in-depth look into various tax related topics that strike my interest. My goal is to make this […]
