In this issue: Pending Sales Tax Rule on Sales for Resale: Better but Not Cured Tax Foundation Restores Texas to Top Ten Ranking on State “Business” Tax Ranking Thank You for a Great Annual Meeting! Pending Sales Tax Rule on Sales for Resale: Better but Not Cured As we reported back in July (link), as…

In this issue: Tax Pressure on Compressors House Committee on Economic Incentives: TEF & TTARA Last Chance to Register for TTARA 2014 Annual Meeting Tax Pressure on Compressors For the past year the comptroller’s office has been reassessing their policy and its application of the sales tax exemption for manufacturing/processing under Tax Code 151.318 and…

 The update is available in PDF format here.

Upcoming TTARA Meetings TTARA Webcast Update Friday September 5th at 9:30 a.m. TTARA will host our quarterly webcast on current tax developments on Friday morning, September 5 at 9:30 a.m.. The agenda for the one-hour webcast will include: An update on the state’s fiscal condition (hint: think lots of green) A review of last week’s…

As Expected, Judge Dietz Declares School Finance System to be Unconstitutional Judge John Dietz, 250th District Court, today issued his formal ruling declaring that the Texas school finance system violates the Texas Constitution on the issues of equity, adequacy, and a state property tax, but does not violate the “taxpayer equity” provision of the Constitution….