Texas has a reputation as a low tax state, but the truth is far more complex. Measured in per capita terms Texas is indeed a low tax state— 31st from the top in 2017, or 18% below the national average1—but the statistic is misleading because there is no such thing as a “capita” tax.

  The PowerPoint presentation can be downloaded by clicking the red “PowerPoint Presentation” button above. Agenda: 1.Dates of Interest 2.Revenue Update 3.Property Tax 4.Public Education and School Finance 5.Sales Tax 6.Franchise Tax

In this issue A Franchise Taxpayer Win TTARA Submits Brief on AG-Opinion Request Upcoming Webcasts Recording of Our Property Tax Webcast with Comptroller’s Office Available Online A Franchise Taxpayer Win The Texas Supreme Court on Friday ruled for defense contractor Lockheed Martin in a franchise tax dispute over how to source their sales to foreign…

In this issue Supreme Court Franchise Tax Decisions Comptroller Hegar Announces Franchise Tax Extension “Snake Oil” Tax Relief? Does Governor’s Disaster Declaration Trigger New Property Tax Exemptions Supreme Court Franchise Tax Decisions The Texas Supreme Court issued three rulings on three franchise tax cases today: Sunstate , AMC , and Gulf Copper. Sunstate – state wins…

In this issue TTARA is Fully Open for Business Property Tax Implications of the Governor’s Disaster Declaration COVID-19 and State Tax Filing Deadlines TTARA is Fully Open For Business COVID-19 is posing tremendous challenges for individuals and businesses; however TTARA remains fully functional, keeping track of tax developments and ready to help our members with…