COVID-19 Triggers Property Tax Administrative Issues: ARBs, etc.
COVID-19 Triggers Property Tax Administrative Issues: ARBs, etc. COVID-19 creates extraordinary issues this appraisal cycle. While most appraisal districts are either finished or near-finished with crafting preliminary values for 2020 (with the exception of Travis CAD, which is not reappraising single family residential properties), conducting face-to-face informal appeals, and formal appeals before appraisal review boards…
Read MoreProperty Tax and State Tax Filing Implications of the Governor’s Disaster Declaration
In this issue TTARA is Fully Open for Business Property Tax Implications of the Governor’s Disaster Declaration COVID-19 and State Tax Filing Deadlines TTARA is Fully Open For Business COVID-19 is posing tremendous challenges for individuals and businesses; however TTARA remains fully functional, keeping track of tax developments and ready to help our members with…
Read MoreTTARA Spring Luncheons to be Rescheduled
TTARA Spring Luncheons to be Rescheduled Due to the current circumstances surrounding COVID-19, the TTARA luncheons previously scheduled in April for Dallas and Houston will be rescheduled for a date in the fall, most likely in September. We will automatically carry your registration over to the new dates when we have them. If, however, you would…
Read MoreSales Taxing Compressors
Sales Taxing Compressors The Comptroller’s policy concerning the sales taxation of oil and gas field compressors continues to be a troublesome issue, especially the methodology for making a divergent use determination as to the portion used for the exempt purpose of powering, supplying, supporting or controlling production equipment as opposed to the nonexempt purpose of…
Read MoreProperty Tax Administration Advisory Board Holds First Meeting
The first meeting of the Property Tax Administration Advisory Board, created under SB 2, was held on Thursday February 13th. Under Tax Code Sec. 5.01, the board is to advise the Comptroller about state oversight of appraisal districts and is required to make recommendations on the effectiveness and efficiency of the property tax system, best…
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