Texas Margins Tax Reduction |
In Texas, there is a margin tax rate for qualifying retailers and wholesalers of .375% and a margin tax rate of .75% for everyone else, including the commercial laundry industry. The TRSA Board of Directors has directed TRSA to make an effort to redefine retail trade to include the commercial laundry industry in regard to the Texas tax code.The information you provide through this survey is strictly confidential and will assist us with this effort.
Thank you in advance for your participation!