Happy Mardi Gras!
Thanks to Randazzo New Orleans for helping bring a little bit of NOLA to Texas and making our client happy today.
HAPPY NEW YEAR 2014!
As the new year dawns, may it bring you more success, love and prosperity!
New Texas Exemptions
Exemption for Offshore Spill Containment System: Tangible personal property that is used, or intended to be, solely in offshore spill response containment system is exempt from sales and use tax as of June 14, 2013 under House bill 1712. Services performed on qualifying property are also exempt. An entity formed primarily for the purpose of…
Certain Data Centers Exempt from Sales/Use Tax
Certain items necessary to the operation of a data center will qualify for exemption from state sales and use tax under House Bill 1223, effective September 1, 2013. An owner, operator and/or occupant of a data center being constructed or refurbished to be used by a single occupant to house servers and related equipment for…
REMINDER: WE HAVE MOVED!
Just a friendly reminder that we are now operating from our new location. Our phone and fax numbers have stayed the same. The new location is: 12000 Ford Rd. Suite 400 Dallas, TX 75234
Cable Television, Internet Access and Telecommunication Services Refunds
Effective September 1, 2013, cable television service, Internet access service or telecommunications services providers will be allowed under House Bill 1133 to claim a refund for state sales and use taxes paid on the purchase, leaser or rental of tangible personal property directly used or consumed in or during the distribution of cable television service,…
New/Updated Texas Exemptions
Minimum Purchase Threshold Removed: Effective Oct. 1, 2013, there will be no minimum purchase threshold requirement for exemption on the sale of gold, silver or numismatic coins or of platinum, gold or silver bullion thanks to House Bill 78. Before, only sales of $1,000 or more to a purchaser in a single transaction qualified for…
Gross Receipts Tax Lowered & Sales Tax Imposed Both on Mixed Beverage
TEXAS – Effective January 1, 2014, House bill 3572 will lower the mixed beverage gross receipts tax rate from 14% to 6.7%. It also imposes an 8.25% mixed beverage sales tax. A mixed beverage permittee will collect an 8.25% tax on each mixed beverage whether it’s sold, prepared or served. The new sales tax will…
Louisianna Statutory Amnesty Coming to an End
LOUISIANNA – Reminder, today November 22, 2013 is the last day for this year to file for statutory amnesty covering all taxes administered by the Department of revenue except motor fuel taxes and certain penalties. Applicable years are taxable periods that began before January 1, 2013 and for taxes due prior to January 1, 2013…
Mixed Beverage Tax Permittee
TEXAS – Effective September 1, 2013, Senate Bill 905 authorizes the holder of a distiller’s and rectifier’s permit to sell distilled spirits to customers for on and off premises consumption. Distilled spirits sales for off-premises consumption will be subject to sales tax. Distilled spirits sales at the distillery will be subject to mixed beverage tax….