Are Fueling Services for Fracking Subject to Sales Tax as Equipment Rental?Written by: Gilbert Zamora & Dino MarcaccioTex. Tax Code § 151.051 – SALES TAX IMPOSEDRule 3.294 – RENTALS AND LEASES OF TANGIBLE PERSONAL PROPERTY202009002L – AGENCY MEMO: SUBJECT:...
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 falls...
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?
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:...