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Comptroller Adopts Local Sales Tax Sourcing Rule Revision

As discussed in our webcast today, the much-anticipated final version of revised Rule 3.334 concerning local sales and use taxes will be published in tomorrow’s May 22 edition of the Texas Register. We have previously reported and commented on the rule revision as it has progressed through the adoption process, including: October 30 release of a draft proposal,…

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A Franchise Taxpayer Win; TTARA Submits Brief on AG-Opinion Request

In this issue A Franchise Taxpayer Win TTARA Submits Brief on AG-Opinion Request Upcoming Webcasts Recording of Our Property Tax Webcast with Comptroller’s Office Available Online A Franchise Taxpayer Win The Texas Supreme Court on Friday ruled for defense contractor Lockheed Martin in a franchise tax dispute over how to source their sales to foreign…

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