Read the update here: http://www.ttara.org/files/document/file-4f4ff71aea4ba.pdf

Fifth School Finance Lawsuit Filed – Turning the Tables on “Efficiency” A fifth school finance lawsuit was filed today by a group called, “Texans for Real Efficiency and Equity in Education (TREE)” in addition to five parents. The group filed a “Plea in Intervention” and challenges the school finance system on two fronts: EFFICIENCY. The…

Nestle, et al Franchise Tax Challenge Tossed Out The Texas Supreme Court today “dismissed for want of jurisdiction” the constitutional challenge of the franchise (margin) tax in Nestle et al v. Combs. The challenge was primarily based on the contention that the tax runs afoul of the constitutional requirement for equal and uniform taxation. The…

_ TTARA Tax Update Webcast We invite you to join us for our quarterly webcast this Friday, February 10th at 9:30 (please note this is a half hour earlier than our previous webcasts). In spite of the legislative interim, there is a great deal of tax activity in back halls of the legislature and the…

_ Comptroller Rule Draft on Letter Rulings The Comptroller’s Office has shared with us a draft of a new rule they are considering relating to the acquisition and use of letter rulings from the agency. Under the draft rule, two types of letters would be established: A general information letter. This letter would provide guidance…