TTARA R&D Working Group First Meeting The sales tax exemption and franchise tax credit for research and development (R&D) under Sections 151.3182 and 171.651-665 of the Texas Tax Code expire on December 31, 2026. TTARA has formed an R&D working group to review the current program and prepare recommendations for improvement before the 2025 legislative session….

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…

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…