The Comptroller on January 20, 2023, proposed amendments to its margin tax apportionment rule. The revised rule removes the “receipts-producing, end-product act” test that was invalidated by the Texas Supreme Court in the Sirius XM litigation. In its place, language is added providing that a service is performed at the location or locations where the taxable entity’s personnel or property are doing the work that the customer hired the taxable entity to perform.
Source: KPMG
Latest Posts in "United States"
- Illinois: Additional Industry Groups Challenge New Digital Asset Tax
- California and Colorado Expand Sales Tax Treatment of Software from 2027
- Canada to Impose Counter-Tariffs on CAD 27.6 Billion of US Goods from 8 September 2026
- North Carolina Remote Seller Sales Tax Registration Threshold Rules
- Virginia Preserves Data Center Tax Breaks, Adds New Electricity Tax
