TTARA has received a proposed revision of Rule 3.286 concerning Seller’s and Purchaser’s Responsibilities that has been circulated to us as a member of the Comptroller’s Business Advisory Group (BAG) for informal comment before its submission to the Texas Register to begin the statutorily required 30-day public comment period. The Comptroller shares these drafts as…

Electronic Payment Services Rule Proposal TTARA received a draft rule proposal from the Comptroller’s Office concerning Tax Administrative Rule 3.9, the threshold for mandatory payments using the State of Texas Financial Network (TexNet) electronic payment services. Currently, Rule 3.9 requires that taxpayers who have remitted at least $10,000 in payments to the Comptroller use an electronic…

UNDERWRITER It’s time to sign up for our 2019 Annual Meeting and reserve your room at the TTARA group rate! Our two-day meeting will be held on Thursday and Friday, November 14-15 at the JW Marriott, 110 East 2nd Street in Austin. You can register for the meeting online here. TTARA has reserved a block of rooms…

In this Issue Franchise Tax Nexus Rule Proposal TTARA Webcast Update on Tax and Fiscal Issues September 12 Save the Date for the 2019 TTARA Annual Meeting on Nov. 14-15 in Austin Franchise Tax Nexus Rule Proposal   TTARA received a draft rule proposal from the Comptroller’s Office concerning the definition of nexus when determining franchise tax…

In this Issue TTARA Comments on Comptroller Proposed Revisions to Franchise Tax Rule Staff Changes at TTARA TTARA Comments on Comptroller Proposed Revisions to TAC 3.584 concerning margin: reports and payments. The Comptroller recently published proposed amendments to the franchise tax rule 3.584 concerning the margin tax in the July 21 edition of the Texas…