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REED SMITH LLP: Texas-sized Changes to Franchise Tax Apportionment

SOUTHEAST TEXAS RECORD

Monday, November 25, 2024

REED SMITH LLP: Texas-sized Changes to Franchise Tax Apportionment

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Reed Smith LLP recently issued the following announcement.

Date: January 29, 2021

Apportionment can have a big impact on your Texas franchise tax bill, and things are not as certain as they once were. From the sourcing of services under the Sirius XM opinion to the recently proposed changes to the Comptroller’s apportionment regulations, Texas apportionment is in a state of transition.

Speakers: Danielle Ahlrich

Event Type: Webinar, CLE / CPD

Join Danielle Ahlrich, a Texas practitioner in Reed Smith’s State Tax Group, for an update on Texas franchise tax apportionment. Danielle will discuss the Sirius XM opinion and the industry groups supporting the taxpayer’s request for further review by the Texas Supreme Court. She will also discuss the proposed changes to the Comptroller’s franchise tax apportionment regulations, including the impetus for the changes and the pitfalls and opportunities that the changes may create.

Original source can be found here.

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