Texas Margin tax: What taxpayers need to know now

Rutter, Donna
April 2008
Fort Worth Business Press;4/14/2008, Vol. 21 Issue 15, p7
The article focuses on issues taxpayers must resolve in the calculation of their revised franchise tax liability in Texas. Returns or extensions depending on the tax group of the payer are due on May 15, 2008. Eligibility for the 0.5 percent tax rate for a taxpayer or combined group is limited to retail and wholesale activities. According to the article, taxpayers must review the common ownership and attribution rules to prepare themselves for the filing of returns and the calculation of extension amount.


Related Articles

  • Tax Amnesty Program causes corporations to pay for protection. McCarthy, Larry // Business Journal Serving Fresno & the Central San Joaquin Valley;5/6/2005, Issue 323396, p27 

    Comments on how California's tax amnesty program causes corporations to pay for protection. Aim of the tax amnesty program; Advantages and disadvantages of amnesty programs; Implications for large investors.

  • STATE WELFARE REFORM: INTEGRATING TAX CREDITS AND INCOME TRANSFERS. Wilson, Paul; Cline, Robert // National Tax Journal;Sep94, Vol. 47 Issue 3, p655 

    The first section of this paper describes the components of the tax and transfer system in Minnesota. The second section uses a unique database to examine the overlap among programs and to show how benefits are distributed by poverty decile. The third section illustrates how federal and...

  • Appealing an SR&ED claim. Hearn, David R.; Tari, A. Christina; Weissman, Peter M. // CA Magazine;Jun/Jul2011, Vol. 144 Issue 5, p14 

    The article discusses the provisions of the tax system in Canada for research and development (R&D). It notes that given the apparent commitment of the government to enhance R&D in Canada, it is discouraging to see how much Canada Revenue Agency (CRA) has changed its views on Scientific Research...

  • A young man's view on taxation. Sorge, Brennan // Canadian Student Review;Winter2015, p38 

    A reprint of the article "A Young Man's View on Taxation," which originally appeared in the "Sun Peaks Independent News" is presented. It presents a student's view on taxation including two principles he considers to be important at the core of fiscal responsibility, reasons to keep tax rates...

  • TAX PERFORMANCE WITHIN THE FRAMEWORK OF THE ALLIANCE FOR PROGRESS: A COMPARATIVE EVALUATION. Montrie, Charles; Fedor, Kenneth J.; Davis, Harlan // National Tax Journal;Sep70, Vol. 23 Issue 3, p325 

    The aim of this paper is to present an operationally meaningful method of evaluating self-help performance indicators through intercountry comparisons of levels and trends of revenue collection. The authors attempt to compare each country's efforts with reference to all the other countries. The...

  • Republic of Ireland tax deadlines. Fennell, David // Accountancy Ireland;Feb2005, Vol. 37 Issue 1, p43 

    Reports on tax deadline in Ireland. Dividend withholding tax return filing and payment dues and return of distributions; Due date for payment of first installment of preliminary tax for companies with a financial year ended March 31, 2005; Last date for filing corporation tax return Form CT1 for...

  • Tax the trucker behind the tree. Simonson, Ken // Fleet Owner;Feb2004, Vol. 99 Issue 2, p32 

    Discusses the tax measures being implemented by states in the U.S. for the purpose of increasing their revenues. Programs on tax amnesties; Penalties for late filing of tax forms in Michigan; Withholding tax in Maryland for construction contractors.

  • Tax-Pooling Legislation Passed. Kuperus, Ian // Chartered Accountants Journal;Apr2003, Vol. 82 Issue 3, p63 

    Reports on the expected passage of a legislation in New Zealand that may allow intermediaries to offer tax-pooling services. Provisions of the legislation; Implications of the legislation for tax agents and their clients.

  • Tax Administration: Continued Progress Modernizing IRS Depends on Managing Risks: GAO-02-715T. White, James R.; Hite, Randolph C.; Sebastian, Steven J. // GAO Reports;5/14/2002, p1 

    In light of the fourth anniversary of the Internal Revenue Service (IRS) Restructuring and Reform Act of 1998, which established Congress' expectation that IRS modernize to better meet taxpayer needs, GAO gave an overview of IRS's current performance and resources and then assessed the progress...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics