by the Texas Supreme Court on a technicality, has refiled
its claim that the Texas franchise tax is unconstitutional. With the
technicality remedied, Nestle now hopes the court will hear the case on its
merits. Nestle’s challenge revolves around the different tax rates for
retailers and wholesalers (.5%) versus all
other businesses (1%). While Nestle is a manufacturer, it has only retail
and wholesale operations in Texas. Nevertheless, it must file as a
manufacurer. Nestle’s contention is that the rate differential is
unconstitutional. Oral arguments have been set for Sept. 18, 2012.
Here are links to the various briefs.
Kathryn Kapka on TSCPA Advocacy Day a Succ… peppers dad on TSBPA Adopts Rules to Repeal $… CPA License Fees to… on TSBPA Adopts Rules to Repeal $… TSBPA Adopts Rules t… on That’s $200 in your… 84th Legislature: Sa… on 84th Legislature: Franchise Ta…
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