Texas Tax Code § 323.202 Method Of Reporting: Retailers Having Sales Below Taxable Amount

Sec. 323.202. METHOD OF REPORTING: RETAILERS HAVING SALES BELOW TAXABLE AMOUNT. The exclusion provided by Section 151.411 applies to a retailer under this chapter 50 percent of whose receipts from the sales of taxable items comes from individual transactions in which the sales price is an amount on which no tax is produced from the combined state and local taxes.

Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.

For expiration of Subsections (c-4) and (c-5), see Subsection (c-5).

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Last modified: September 28, 2016