In this issue Who Benefits from the 2023 Property Tax Relief? Comptroller Increases Value Threshold for ARB Special Panel J-W Power Oral Argument Scheduled for February 20 Who Benefits from the 2023 Property Tax Relief? The tax relief package passed by the 88th Legislature and approved by voters on November 7, 2023, delivered a great…

TTARA to Form Research and Development (R&D) Working Group The sales tax exemption and franchise tax credit for research and development (R&D) under Sections 151.3182 and 171.651 of the Texas Tax Code expire on December 31, 2026. TTARA is forming an R&D working group to review the current program and prepare recommendations for improvement before the…

Comptroller Adopts Final JETI Rules and Invites Input on Draft E-Cigarette Rule JETI Act Rules Adoption The Texas Comptroller adopted new rules for the Texas Jobs, Energy, Technology and Innovation Act (JETI Act) which will be published in the January 12 edition of the Texas Register. The Comptroller’s responses to comments received on the proposed…

Update on Rule 3.334 Concerning Local Sales and Use Taxes The Comptroller adopted an amendment to Rule 3.334 in the January 5 edition of the Texas Register. In new subsection (c)(7), the amendment specifies the location where an order is considered to be received for local sales and use tax (SUT) purposes: The location where the order is received…

TTARA Files Amicus Brief in Rocksprings Val Verde Wind, LLC v. Val Verde County Appraisal District On Wednesday, TTARA filed an amicus brief with the 4th district court of appeals in support of Rocksprings Val Verde Wind, LLC. The focus of our brief was to urge the court to exclude intangible property, mischaracterized as an “interest…