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A Financial Catch 22: State is Awash in Money, but Limits Constrain Its Use; Franchise Tax Case Could Impact Hedging Operation

In this issue A Financial Catch 22: State is Awash in Money, but Limits Constrain Its Use Franchise Tax Case Could Impact Hedging Operation A Financial Catch 22: State is Awash in Money, but Limits Constrain Its Use Comptroller Glenn Hegar, the state’s constitutionally-designated revenue estimator, issued an update on the state’s fiscal situation last…

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Comptroller Public Hearing on R&D Rules; Best Buy amicus Joinder

In this issue Comptroller Public Hearing on R&D Rules Best Buy amicus Joinder The Comptroller’s office held a public hearing this morning on their proposed research and development rules: 3.340 – Qualified Research (sales tax), and 3.599 – Margin: Research and Development Activities The hearing was in response to a request by the Associated General…

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