Comptroller Adopts Revised Franchise Tax Apportionment Rule

In previous emails and webcasts, we had shared changes the Comptroller proposed to make to administrative rule 3.591, concerning the apportionment of taxable margin. The proposed rule was published in the November 13 edition of the Texas Register. TTARA, a number of taxpayers, taxpayer representatives, and other associations submitted a number of comments, with particular…

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