Star Letter 9912942LStar Letter 200810222LStar Letter 9712138LStar Letter 200309186H Activities that have transaction tax exemptions are sometimes closely related to services with no tax incentives. The most common example of this is what we refer to as...
Texas Tax Group
DRILLER – OPERATORS, VENDORS COULD BE OVER-CHARGING YOU SALES TAX ON RENTALS
Texas Drillers & Operators Written By: Joseph Garcia VENDORS COULD BE OVER-CHARGING YOU SALES TAX ON RENTALS TEXAS TAX GROUP CAN HELP YOU GET THIS TAX BACK!!! Not many driller/operators pay attention to exactly how much sales tax they are being charged by their...
Expensive Misconceptions
Recent media reporting shows that American automobile manufacturers could lose $110 billion in revenue in 2021 due to a shortage of computer chips. This shortage helps put into perspective how important manufacturing is to our economy. It’s no wonder that just about...
Are Fueling Services for Fracking Subject to Sales Tax as Equipment Rental?
Are Fueling Services for Fracking Subject to Sales Tax as Equipment Rental? Written by: Gilbert Zamora & Dino Marcaccio Tex. Tax Code § 151.051 – SALES TAX IMPOSED Rule 3.294 – RENTALS AND LEASES OF TANGIBLE PERSONAL PROPERTY 202009002L – AGENCY MEMO: SUBJECT:...
Wayfair – Texas’ Tax Responsibilities for Remote Sellers
The Texas Comptroller’s office has issued preliminary guidelines setting out the obligation of remote sellers to collect and report Texas sales taxes on sales made into Texas. A remote seller is a seller that does not have a physical presence in this state, but who sells products or services for delivery into this state.
Texas Local Tax vs. “Place of Business”
Keep in mind that this article will not cover every scenario, but it will describe the basics of selling tangible personal property when you have more than one ‘place of business’ or you drop ship the item.
Using a Texas Fulfillment by Amazon (FBA) Distribution Center Gives You Texas Sales Tax Nexus
If you are an out-of-state seller using a Fulfillment by Amazon (FBA) Distribution Center located in Texas and sell into Texas, then you have Sales Tax NEXUS. That is, you or your company is required to register for, collect and remit Texas Sales Tax.
Multistate Tax Commission Online Marketplace Seller Voluntary Disclosure Initiative
The Texas Comptroller’s Office is participating in the Multistate Tax Commission (MTC) Online Marketplace Seller Voluntary Disclosure Initiative, which is designed to bring into compliance out-of-state (OOS) taxpayers who sell products in Texas and other states through online marketplaces.
Hurricane Harvey – Hotel Occupancy Tax Exemptions
Hotel Tax Waiver The collection of Texas state and local hotel occupancy tax, including venue project hotel tax, is temporarily suspended for disaster relief workers and people displaced by Hurricane Harvey. The hotel tax waiver is for a period beginning Aug. 23,...
Are Political Consulting Services Provided by an Out-of-state Firm Taxable?
We were recently approached by a newspaper reporter asking us to address the franchise and sales tax ramifications of an out-of-state consulting firm sending an employee into Texas to conduct political consulting. The consultant has visited Texas on multiple occasions and bills between $50,000 and $100,000 in fees on an annual basis.