Texas Margin Tax Receives Revisions
The revised Texas franchise tax (also known as the “margin tax”) now applies to partnerships, which were previously not subject to tax.
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Texas Franchise/Margin Tax Alert - House Bill 3928
The 80th Legislature passed House Bill (HB) 3928, which adds technical corrections, closes
loopholes, and creates new provisions to the Texas franchise tax as revised by HB 3 in the
79th Legislature. Following are highlights contained in HB 3928.
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Texas Tax Alert -
House Bill 3 (H.B. 3)
On May 18, 2006, Governor Rick Perry signed H.B. 3 into law, the key component of the long awaited solution to the Texas school financing problem.
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When Taxes Cross State Lines
Beware the Ides of April — but as the federal tax wolf lurks, don’t dismiss state revenue departments as mere foxes nipping at heels.
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California Amnesty Program
Hoping to provide some relief to its continuing financial difficulties, California has
created a new Tax Amnesty program.
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Sales and Use Amnesty
On October 1, 2005, the Streamlined Sales and Use Tax Agreement (SSUTA) became effective.
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Texas Franchise Tax Throwback Rule Struck Down
Sales and Use Amnesty- December 2005
On October 1, 2005, the Streamlined Sales and Use Tax Agreement (SSUTA) became effective.
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