This section offers news briefs relating to sales and use tax in Texas including Texas Comptroller of Public Accounts' decision that the purchase of a used aircraft by an individual did not qualify for occasional sale exemption, and the amendment of the state sales and use tax regulation ...
First, search your business name and compare it to existing business entities in Texas. You can make sure the LLC Name you want is unique from existing businesses using the Taxable Entity Search from the Texas Comptroller. Second, familiarize yourself with the state’s naming rules (so your Te...
gas, and water). The Comptroller argued that the extraction of oil and gas was not processed within the meaning of the exemption, and, even if it were, the changes to the hydrocarbons
Applying for State Tax Exemption Status Once you have received your 501c3 determination letter from the IRS, you can file for Texas income tax exemption with the Texas comptroller usingForm AP-204. To file to obtain sales tax exemption fileForm AP-205, Application for Exemption – Charitable Or...
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TheTexas Comptroller's officereminds Texans to practice social distancing if getting out and shopping during the annual Tax-Free Weekend. And of course, don't forget your mask or face covering. Also remember that the Tax-Free Weekend applies not just to the big box stores, but also to local...
You must apply with your county appraisal district to apply for a homestead exemption. Applying is free and only needs to be filed once. The application can be found on your appraisal district website or using Texas Comptroller Form 50-114. Property Tax Deferrals in Texas In Texas, propert...
Comptroller Susan Combs said in a press release that a sales tax exemption is intended for labor costs for the repair of storm-damaged and non-residential properties.EBSCO_bspSales & Use Tax Alert
The article focuses on the developments in claiming for exemption of various businesses from Texas sales tax. It refers the court's decision to the case of Home and Garden Party Ltd. (HGP) which resolves the issues between the Texas Comptroller rules and statutes. It presents planning tips ...