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…

TTARA’s reports recapping the key tax and fiscal legislation and the school finance reforms passed by the 86 th Legislature are now available. HB 3 by Huberty: A True School Finance Overhaul , should be in your mailbox today and Wrap-Up for the 86 thLegislature: Tax and Fiscal Policy , should arrive by Monday. Digital copies of both reports, linked…

In this Issue A Quick Run-Down of Some of the Key Tax Issues of the 86th Legislative Session Don’t Forget to Register for Our Session Wrap-Up Meetings and Annual Golf Tournament A Quick Run-Down of Some of the Key Tax Issues The gavel has dropped on the 86th regular session of the legislature, bringing one…

HB 3 by Huberty et al, the comprehensive school finance bill that implements recommendations made by the Texas Commission on Public School Finance to improve our school finance system is scheduled to be voted on later today. The bill provides $4.5 billion in new funding to public school districts to improve student achievement, an additional $2…