Sec. 151.4261. CREDIT OR REIMBURSEMENT IN RETURN TRANSACTIONS. A seller is entitled to a credit or reimbursement equal to the amount of sales tax refunded to a purchaser when the purchaser receives a full or partial refund of the sales price of a returned taxable item.
Added by Acts 2009, 81st Leg., R.S., Ch. 1378 (S.B. 1199), Sec. 2, eff. September 1, 2009.
Section: Previous 151.420 151.421 151.422 151.423 151.424 151.425 151.426 151.4261 151.427 151.428 151.429 151.4291 151.430 151.431 151.432 NextLast modified: September 28, 2016