Comptroller Draft Sales Tax Rule on Refunds: TTARA Conference Call Scheduled The Comptroller has shared a draft of a proposed sales tax rule with TTARA for comment. A copy of the draft is available here. The draft rule would make changes to sales tax rule 3.325 dealing with refunds. This rule was rewritten last July…

This update is available here:  http://www.ttara.org/files/document/file-4f5a6b38a7ede.pdf

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…