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The Texas Comptroller of Public Accounts is an executive branch position created by the Texas Constitution. The comptroller is popularly elected every four years, and is primarily tasked with collecting all state tax revenue and estimating the amount of revenue that the Texas Legislature can spend each biennium. The current comptroller is Glenn ...
The Texas Comptroller of Public Accounts started issuing biennially reports on limitation economic development projects in 2008. [ 40 ] In 2017, University of Texas political science professor Nathan M. Jensen released a study on the Chapter 313 program suggesting that 85 percent of the companies receiving the abatement would have located in ...
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.
The treaty covers taxation of dividends and interest. Under this treaty, dividends that are paid to the other party will be taxed at the maximum of 5% of the total amount of dividend for legal entities as well as for individuals. This treaty reduces from 10% to 5% the limit for taxing paid interest.
Tax treaties tend to reduce taxes of one treaty country for residents of the other treaty country to reduce double taxation of the same income. The provisions and goals vary significantly, with very few tax treaties being alike. Most treaties: define which taxes are covered and who is a resident and eligible for benefits,
GRAPEVINE, Texas — On the blistering September day that ended Grapefest, a wine festival in Grapevine, outside Dallas, Mayor William Tate pushed up the brim of his cowboy hat and addressed the ...
The agreement was signed two days after President-elect Donald Trump was elected and after Congress passed a bill to withhold federal aid to Mexico unless Texas received water it was owed through ...
The Treasurer had a four-year term as head of the State Treasury Department. Duties were divided between the State Treasurer and the Texas Comptroller of Public Accounts. Over time, the Texas Legislature transferred most of the Treasurer's functions to the Comptroller's office.