TTARA to Form Research and Development (R&D) Working Group
TTARA to Form Research and Development (R&D) Working Group The sales tax exemption and franchise tax credit for research and development (R&D) under Sections 151.3182 and 171.651 of the Texas Tax Code expire on December 31, 2026. TTARA is forming an R&D working group to review the current program and prepare recommendations for improvement before the…
Read MoreUpdate on Rule 3.334 Concerning Local Sales and Use Taxes / Updated Flowback and Water Transfer Services Guidance
Update on Rule 3.334 Concerning Local Sales and Use Taxes The Comptroller adopted an amendment to Rule 3.334 in the January 5 edition of the Texas Register. In new subsection (c)(7), the amendment specifies the location where an order is considered to be received for local sales and use tax (SUT) purposes: The location where the order is received…
Read MoreTaxation of Digital Products – TTARA 2023 Annual Meeting Presentation
TTARA Seeking Comments on Proposed Rule 3.334-Concerning Local Sales & Use Tax
TTARA Seeking Comments on Proposed Rule 3.334-Concerning Local Sales & Use Tax The Comptroller of Public Accounts is proposing an amendment to Rule 3.334 (34 TAC § 3.334) that will be published in the Texas Register on October 27, 2023. The Comptroller will hold a public hearing on the proposed rule on November 8, 2023. Details on…
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