During these times, saving every dollar is a good idea. And an excellent exercise in economy is to save the sales tax on items you were going to purchase, anyway. Many states offer Sales Tax Holidays – typically calling them Back-To-School Sales Tax Holidays – and generally schedule them in August. Of course, the states …
Overview Typically, a manufacturer is a business that purchases raw materials, processes those materials causing a physical or chemical change to them, and ultimately selling the finished goods to third parties. However, as a recent administrative hearing decision in Texas confirmed, some non-traditional manufacturers may yet qualify for the manufacturing exemption from sales tax. The …
Non-Traditional Manufacturer Eligible For Texas Sales Tax Manufacturing Exemption Read More »
Overview Texas law affords a sales tax exemption for equipment used in manufacturing. However, Comptroller has historically limited this exemption only to equipment used subsequent to the beginning of the processing of tangible personal property. Recent court decisions changed this. The facts In Hegar v. Texas Westmoreland Coal Co., taxpayer argued successfully that excavators qualified …
A Judicial Sales Tax Victory In Texas! (But Beware The Butterfly Effect) Read More »
Overview Many medical and dental service providers rely upon outside assistance to invoice clients for their services, prepare insurance claims, and establish eligibility. Concern has arisen recently in this industry due to a proposed administrative change in interpretation by Texas Comptroller, potentially causing these services to be taxable. However, when the Texas Legislature took up …
Texas Sales Tax Legislative Update: Medical and Dental Billing Services Read More »