LGT's Profit Sense

The 86^th Texas Legislature did not pass many tax-related bills, but those that passed could have significant consequences. 

Topics: SALT, State and local taxes, Texas

In response to the Supreme Court decision in South Dakota v. Wayfair (click here for our previous article on this subject), the Texas Comptroller has adopted amendments to Rule 3.286 regarding “remote sellers” (vendors with no physical presence in Texas).  These amendments go into effect on January 1, 2019.

Summary

Topics: SALT, Wayfair, State and local taxes, LGT