Appellate Court Reissues AMC Decision One of the risks to state revenues previously identified by the Comptroller was a broad decision in the franchise tax lawsuit brought by AMC against the state. ,AMC argued, and the trial court agreed, that its business of presenting movies qualified as the sale of tangible personal property, making it…

Update on the current tax and fiscal issues in Texas.

Update on the current tax and fiscal issues in Texas.

June 29, 2016 In this Issue: Report on Comptroller’s Business Advisory Group Meeting Save the Dates for TTARA’s 2016 Annual Meeting October 6 and 7 Report on Comptroller’s Business Advisory Group Meeting Upon taking office Comptroller Hegar created a Business Advisory Group (BAG) of company and association professionals (including TTARA) to exchange information on tax…

Update on the current tax and fiscal issues in Texas.