United States:
Texas Expands ‘Qualifying Job' Definition For Data Center Sales And Use Tax Exemption
15 August 2017
Grant Thornton LLP
To print this article, all you need is to be registered or login on Mondaq.com.
Texas Gov. Greg Abbott signed legislation June 1, 2017 expanding
the definition of qualified employment used to determine
eligibility for the state sales and use tax exemption for
qualifying data center projects. Specifically, the definition of
"qualifying job" for purposes of this exemption is
expanded to include positions staffed by a third-party
employer.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Tax from United States
Increase To The Capital Gains Inclusion Rate
Morrison & Foerster LLP
In the Federal Budget released on April 16, 2024, it was announced that the capital gains inclusion rate will be increased from 1/2 to 2/3 effective June 25, 2024.
IRS Releases Final Tax Credit Sale Regulations
Foley & Lardner
Late last week, the Internal Revenue Service ("IRS") and Department of the Treasury released final regulations relating to transfers of certain tax credits pursuant to Section 6418...