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The primary duties of the comptroller's office are to collect substantially all tax revenue owed to the State of Texas (this involves more than 60 different types of taxes from the sales tax-- the largest source of the state's tax revenue, since Texas does not have a personal income tax-- to minor items such as the "battery sales fee" -- a $2–$3 fee on sales of lead-acid batteries) and to ...
A "Tax Exemptions and Tax Incidence Report" prepared by the Texas Comptroller in November, 2020, estimated that limitation agreements would reduce school districts revenues by $916 million in 2022, and over $1 billion in 2023. [8]
Wholesale sales tax, a tax on sales of wholesale of tangible personal property when in a form packaged and labeled ready for shipment or delivery to final users and consumers; Retail sales tax, a tax on sales of retail of tangible personal property to final consumers and industrial users [3] Gross receipts taxes, levied on all sales of a ...
The state sales tax is set at 6.25 percent. [27] Cities are allowed to impose an additional 1% tax, and additional taxes not to exceed 1% may be approved by voters for any combination of county sales tax, transportation districts, economic development, and/or crime prevention. The average sales tax in Texas amounts to 8.25 percent.
In response to the proposed business tax boycott, Thao issued a written statement to KRON4 News, pointing to a reduction in most property crimes in Oakland’s business districts since the summer ...
Nevada – no individual or corporate income tax. Nevada gets most of its revenue from sales taxes as well as taxes on the gambling and mining industries. [13] [14] New Hampshire – The accelerated phase-out of a tax on dividends and interest completed at the start of 2025. [15]
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On January 18, 1949, Calvert was appointed by Governor Beauford Jester to the position of Texas Comptroller of Public Accounts following the death of his predecessor, George H. Sheppard, who died in office. He was elected to a full term in 1950 and re-elected in 1952, 1954, 1956, 1958, 1960, 1962, 1964, 1966, 1968, 1970 and 1972, serving for ...