On Sunday, January 24, Texas will adopt a franchise tax rule on apportionment. Jackson Walker Tax partner Steve Moore recently shared insights with Bloomberg Tax in an article discussing how the new rule relates to a SiriusXM case.
“I believe the Comptroller is trying to provide guidance for 2021, knowing that if the Texas Supreme Court takes the Sirius case it is likely to take months or even a year or more before a decision is issued,” Steve said.
To read more, view the Bloomberg Tax article “Texas to Adopt Franchise Tax Rule on Apportionment” (subscription required).
Recognized for his depth of experience in Texas sales tax, franchise tax, and property tax matters, Steven D. Moore is one of the state’s leading attorneys for guidance on the Texas margin tax and Texas sales tax. An effective negotiator, Steve works to reach successful and economically viable resolutions to Texas sales, franchise, property, motor vehicle, and insurance premium tax audits. To this end, he handles administrative hearings before the Texas Comptroller of Public Accounts and works with the Firm’s litigation group to prosecute judicial resolution of Texas tax cases.