Please enjoy the latest edition of our firms Newsletter SALTe your State and Local Tax Explorer! In This Issue Multi-State 2011 – Tricks and Traps States Use To Get Their Sales Tax Revenue Multi-State 2011 – Groupon/LivingSocial Sales Tax – No California Sales Tax Collection For Another Year Texas – $260 Million Unremitted Sales Tax…
Texas – Sales tax revenue was up 11.8 percent in September compared to a year ago. In a release Combs said, “Texas sales tax collection have now increased for 18 straight months. All sectors showed increases in September, led by business spending, especially in the oil and gas-related sectors. Consumer sectors like restaurants a retail…
Texas – Certain tax payers will be assessed a $50 penalty for filing a report late, beginning with reports due on or after Oct. 1. Regardless of whether you subsequently file the report or whether any taxes or fees were due from the taxpayer for the penalty covered by the late filed report, penalty will…
