Are Fueling Services for Fracking Subject to Sales Tax as Equipment Rental? Written by: Gilbert Zamora & Dino Marcaccio Tex. Tax Code § 151.051 – SALES TAX IMPOSEDRule 3.294 – RENTALS AND LEASES OF TANGIBLE PERSONAL PROPERTY202009002L – AGENCY MEMO:...
Oil & Gas
Change in Requirement for LOA
Change in Requirement for LOA (a) A claim for refund with the comptroller within the limitation period specified by Subchapter D, Chapter 111. (b) The comptroller by rule may provide additional procedures for claiming a refund under this section. If your company...
Services related to drilling a new well.
SERVICES RELATED TO DRILLING A NEW WELL. It’s been my experience, both as an auditor for the state and as a consultant assisting oil and gas companies under audit by the Comptroller that there exists significant confusion among service providers as to their tax...
DRILLER – OPERATORS, VENDORS COULD BE OVER-CHARGING YOU SALES TAX ON RENTALS
Texas Drillers & OperatorsWritten By: Joseph Garcia VENDORS COULD BE OVER-CHARGING YOU SALES TAX ON RENTALSTEXAS TAX GROUP CAN HELP YOU GET THIS TAX BACK!!! Not many driller/operators pay attention to exactly how much sales tax they are being charged by...
Are Fueling Services for Fracking Subject to Sales Tax as Equipment Rental?
Written by: Gilbert Zamora & Dino Marcaccio Tex. Tax Code § 151.051 – SALES TAX IMPOSED Rule 3.294 – RENTALS AND LEASES OF TANGIBLE PERSONAL PROPERTY 202009002L – AGENCY MEMO: SUBJECT: TAXABILITY OF FLOWBACK SERVICES (SEPT. 1 2020) 202008019H - SOAH DOCKET NO....