Texas –Exemption Certificates; Good Faith and 60 Days

Salt Report 3672 – The Texas Comptroller of Public Accounts released CPA Docket Number 108,782 regarding a hearing related to deficient exemption certificates.  The importance placed on the 60 day window to provide certificates once requested by the Comptroller’s office is also of note.  This taxpayer wound up falling short in the areas of good faith and the 60 day window.

The results of this hearing highlight the importance of timely certificate management.

Further Information:

Accession Number 201503056h; CPA Docket No.108782 May 20, 2015