Saturday, January 31, 2026

Events | 2016.09.16

Empty Miles Cannot Be Used to Reduce Texas Franchise Tax

Ryan is an award-winning global tax services firm, with the largest indirect and property tax practices in North America and the seventh largest corporate tax practice in the United States. (PRNewsFoto/Ryan) DALLAS, Sept. 16, 2016 /PRNewswire/ -- In a September 8, 2016 memo, the Texas Comptroller of Public Accounts ("Comptroller") advised its auditors that a transportation company must include (or exclude) empty miles when calculating Texas receipts. However, Texas franchise tax Rule 3.591,...


 

For more information, please visit
http://www.prnewswire.com/news-releases/[...]s-franchise-tax-300329528.html

You need to login to post comments.

Feed last updated 2025/06/30 @12:06 AM

0 COMMENTS:

Follow us on Follow Us on Facebook Follow Us on Twitter
©2006 Translations News