The Comptroller's office publishes this online newsletter to keep you informed about Texas taxes and what is happening in the Tax Policy Division. Tax Policy News provides general information and is not a substitute for legal or other professional advice.
Delinquent taxes accrue interest beginning on the 61st day after the due date until paid. For 2015, the interest rate on taxes owed is 4.25 percent. Refund claims filed with the Comptroller's office accrue credit interest at either Treasury Pool rate or Prime +1, whichever is less. The interest begins to accrue 60 days after the date of the payment or the due date of the tax report, whichever is later.
For more information about how the interest rate is applied (as well as the interest rates for this year and previous years), see Interest on Credits and Refunds and on Tax Due.
Information about proposed rules is available from the Texas Secretary of State.
The Comptroller proposed the following new rule for public comment on Dec. 19, 2014. The comment period ended Jan.18.
Rule 3.9 - Electronic Filing of Returns and Reports; Electronic Transfer of Certain Payments by Certain Taxpayers
The Comptroller proposed amendments to the following rule for public comment on Jan. 2, 2015. The comment period ends Feb. 14.
Rule 3.13 - Postmarks, Timely Filing of Reports, and Timely Payment of Taxes and Fees
The Comptroller proposed amendments to the following rule for public comment on Dec. 19, 2014. The comment period ended Jan. 19.
Rule 3.1001 - Mixed Beverage Gross Receipts Tax
The Comptroller proposed the following new rule for public comment on Dec. 19, 2014. The comment period ended Jan. 19.
Rule 3.1002 - Mixed Beverage Sales Tax
The Comptroller filed the following rules for adoption with the Secretary of State on Nov. 18, 2014. The effective date was Jan. 1, 2015.
Rule 3.251 REPEAL - Adopting or Abolishing County Tax
Rule 3.252 REPEAL - Collection and Allocation of County Tax
Rule 3.253 REPEAL - County Use Tax
Rule 3.371 REPEAL – Effect of Rules; Permits and Certificates; Exclusion of Certain Sales
Rule 3.372 REPEAL – Adopting, Increasing, Decreasing, or Abolishing City Tax
Rule 3.373 REPEAL – Change or Alteration of City Boundaries
Rule 3.374 REPEAL – Collection and Allocation of the City Sales Tax
Rule 3.375 REPEAL – City Use Tax
Rule 3.376 REPEAL – Prior Contract Exemptions
Rule 3.377 REPEAL – Divergent Use of a Direct Payment, Resale or Exemption Certificate
Rule 3.378 REPEAL – Natural Gas and Electricity
Rule 3.379 REPEAL – Contractors
Rule 3.421 REPEAL – Effect of Rules; Permits and Certificates; Exclusion of Certain Sales of Qualified Retailers
Rule 3.422 REPEAL – Adopting, Increasing, Decreasing, or Abolishing Transit (MTA) Tax
Rule 3.423 REPEAL – Change or Alteration of Authority Boundaries; Withdrawal from Authority; Notification Required
Rule 3.424 REPEAL – Collection and Allocation of Transit Sales Tax
Rule 3.425 REPEAL – Transit Use Tax
Rule 3.426 REPEAL – Prior Contract Exemptions
Rule 3.427 REPEAL – Divergent Use of a Direct Payment, Resale, or Exemption Certificate
Rule 3.428 REPEAL – Natural Gas and Electricity
Rule 3.429 REPEAL – Contractors
The following rule became effective Nov. 10, 2014:
The following rules became effective Nov. 19, 2014:
The following rule became effective Jan. 1, 2015: