TO: | Honorable Tommy Williams, Chair, Senate Committee on Finance |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | SB1533 by Carona (Relating to municipal sales and use tax remittances by certain retailers.), As Introduced |
This bill would amend Chapter 321, Tax Code, regarding remittances of municipal sales and use tax by certain retailers.
Section 321.002 would be amended to provide that an outlet, office, facility, or location does not exist to avoid municipal sales tax or to receive a rebate of municipal sales tax if any rebate it contracts to receive is lower than the amount of its annual payroll and the location provides significant business services, beyond processing invoices, to the contracting business.
The bill would take effect September 1, 2013.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | UP, KK, SD
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