Tag: Sales and Franchise Tax
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Texas Sales Tax Revenue Increased 4.1% In May 2022
(AUSTIN) – According to Texas Comptroller Glenn Hegar, state sales tax collections in May totaled $3.84 billion, 4.1 percent more than in May 2022. The majority of May’s sales tax collection is based on April sales that were paid to the agency in May. Remittances From Other Sectors Stalled, With Retail Trade Receipts Falling Below…