Comptroller Releases Final Memorandum on Cash Payment Rounding Procedures The Comptroller’s office has finalized and officially released the previously circulated draft memorandum outlining procedures for cash payments affected by the discontinuation of the penny. The memorandum has been posted to the Comptroller’s STAR system. See STAR Accession No. 202512001M. The posted memorandum is identical to the draft circulated…

The Comptroller’s Tax Policy Division has circulated the attached draft internal memorandum, which it plans to issue internally and to post on the STAR system for public dissemination. The memorandum addresses the collection and remittance of tax in cash, which is affected by the federal government’s decision to end production of the penny. TTARA and other…

New Severance Tax Guidance and Sales Tax Updates Now Available We want to let you know that several important updates are now available from the Texas Comptroller’s Office: Guidelines for Taxpayer-Generated Marketing Cost Samples: This document provides Comptroller guidelines for how taxpayers may use sampling of marketing cost transactions, as defined under Texas Tax Code §§…

We are pleased to announce the release of TTARA’s Legislative Wrap-Up Report for the 89th Regular Session, now available for your review. This report provides an in-depth summary of the key tax, school finance, and public education legislation passed—and those that did not pass—during the regular session of the 89th Texas Legislature. It highlights major developments in…

This report provides an in-depth summary of the key tax, school finance, and public education legislation passed—and those that did not pass—during the regular session of the 89th Texas Legislature.