Tax Law Changes You Need to Know
The 81st Legislature made significant changes to Texas tax laws.
The changes include the following:
- a new exemption from state and local sales and use taxes for certain school supplies during the annual August Sales Tax Holiday
- revisions to the collection and allocation of local sales and use taxes
- a new exemption for crude oil and natural gas taxes
- a new method for calculating the tax on tobacco products other than cigars
- a revised payment process for losses covered by the Texas Windstorm Insurance Association
- a revision to the motor vehicle orthopedic handicap exemption
- a new Prepaid 9-1-1 Emergency Service Fee
For more information about these changes to Texas tax laws and how they may affect you, please see the Legislative Update at www.window.state.tx.us/taxinfo/taxpubs/st_update.html
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