In this issue TTARA Releases Research Report on Eliminating Property Taxes Amicus Brief Filed in GEO Case Updated Research Report on the Powers of an Appraisal District Board of Directors   TTARA Releases Research Report on Eliminating Property Taxes TTARA has released a research report examining the issues involved if the Legislature pursues the elimination…

In this issue TEA Releases Preliminary TY2024 “Maximum Compressed Rates” (MCR) Franchise/Margin Tax Report Extensions Taxable as Data Processing or Not? Texas Education Agency Releases Preliminary TY2024 “Maximum Compressed Rates” (MCR) The Texas Education Agency has released preliminary MCR (tier 1) tax rates for TY2024. The statewide MCR tax rate dropped to $0.6855 (from $0.6880),…

In this issue Authority of an Appraisal District Board of Directors Comptroller’s Office Proposed Rules Economic Development Highlights Authority of an Appraisal District Board of Directors On July 22, the Tarrant Appraisal District (TAD) board of directors (BOD) held its first meeting to include directors in the three elected positions created by a November 2023…

In this issue New Audit Guidance Issued by Comptroller’s Tax Policy Division PTAD Provides Updated Truth-In-Taxation Forms Reminder: Upcoming Meetings and Events New Audit Guidance Issued by Comptroller’s Tax Policy Division Last week, the Comptroller’s Tax Policy Division issued an audit guidance memo related to chemical plant and petrochemical refinery utility studies and plant turnarounds….