Texas- Sales Tax Revenues Fall by 9.3% in April 2020

For the past several weeks, the comptroller has been referring to the state of the economy as a recession. The latest sales tax figures give the first glimpse of how much the economic downturn will hurt the state budget. Texas Continue reading Texas- Sales Tax Revenues Fall by 9.3% in April 2020

Multistate – Trump Recognizes South Dakota Sales Tax System “…think of that.”

On Wednesday, April 30, 2020 President Trump delivered an address covering multiple topics including individual state reactions to bail out needs.. After recognizing California, New York, Illinois, Florida and Texas President Trump concluded with the following comments about South Dakota Continue reading Multistate – Trump Recognizes South Dakota Sales Tax System “…think of that.”

Texas- Sales, use tax allocations not yet impacted by COVID-19 pandemic

On April 8, Texas Comptroller Glenn Hegar announced he would send cities, counties, transit systems and special purpose taxing districts $701.8 million in local sales tax allocations for April. That’s .05% less than April 2019. These allocations are made in Continue reading Texas- Sales, use tax allocations not yet impacted by COVID-19 pandemic

Texas- Sales tax holiday for emergency supplies to take place April 25-27, 2020

A sales tax holiday for emergency supplies that takes place every year in Texas is still on for the weekend of April 25 despite the ongoing coronavirus pandemic, Texas Comptroller Glenn Hegar announced April 14. The holiday allows Texans to Continue reading Texas- Sales tax holiday for emergency supplies to take place April 25-27, 2020

Texas- Expected to lose ‘billions’ in sales tax revenue because of coronavirus pandemic

The full financial impact of the pandemic won’t be known until the summer, but Texas lawmakers are already bracing for the impact. State Comptroller Glenn Hegar said he expects to revise the state’s revenue estimates in July. With so many Continue reading Texas- Expected to lose ‘billions’ in sales tax revenue because of coronavirus pandemic

Texas- Comptroller recommends online shopping during sales tax holiday

With the annual sales tax holiday right around the corner, Texas Comptroller Glenn Hegar is urging Texans to shop online or to practice strict social distancing at stores while purchasing emergency supplies. The law that established the holiday, which begins Continue reading Texas- Comptroller recommends online shopping during sales tax holiday

Texas – State Sales Tax Revenue Totaled $3 Billion In December

Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.01 billion in December, 4.8 percent more than in December 2018. “Growth in state sales tax revenue was led by receipts from the construction, information services and restaurant sectors,” Continue reading Texas – State Sales Tax Revenue Totaled $3 Billion In December

TEXAS – Comptroller Recently Released Publication For Taxability Of Security Services

Security Services in Texas Are now Taxable. You can find A list of The types of Companies which are required To remit and collect Taxes On the Texas comptroller website. Full Publication Here: Texas Comptoller comptroller.texas.gov

TEXAS – Dallas Owes $5.2 Million To State In Sales Tax Overpayments

Dallas must return $5.2 million to the state after Texas overpaid the city in sales tax revenues over the course of several years, city officials were told in late September. In a notice sent to the city budget office Sept. Continue reading TEXAS – Dallas Owes $5.2 Million To State In Sales Tax Overpayments