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| texas business personal property tax exemptions: Business and Commerce Code Texas, 2009 |
| texas business personal property tax exemptions: Rethinking Property Tax Incentives for Business Daphne A. Kenyon, Adam H. Langley, Bethany P. Paquin, 2012 The use of property tax incentives for business by local governments throughout the United States has escalated over the last 50 years. While there is little evidence that these tax incentives are an effective instrument to promote economic development, they cost state and local governments $5 to $10 billion each year in forgone revenue. Three major obstacles can impede the success of property tax incentives as an economic development tool. First, incentives are unlikely to have a significant impact on a firm's profitability since property taxes are a small part of the total costs for most businesses--averaging much less than 1 percent of total costs for the U.S. manufacturing sector. Second, tax breaks are sometimes given to businesses that would have chosen the same location even without the incentives. When this happens, property tax incentives merely deplete the tax base without promoting economic development. Third, widespread use of incentives within a metropolitan area reduces their effectiveness, because when firms can obtain similar tax breaks in most jurisdictions, incentives are less likely to affect business location decisions. This report reviews five types of property tax incentives and examines their characteristics, costs, and effectiveness: property tax abatement programs; tax increment finance; enterprise zones; firm-specific property tax incentives; and property tax exemptions in connection with issuance of industrial development bonds. Alternatives to tax incentives should be considered by policy makers, such as customized job training, labor market intermediaries, and business support services. State and local governments also can pursue a policy of broad-based taxes with low tax rates or adopt split-rate property taxation with lower taxes on buildings than land.State policy makers are in a good position to increase the effectiveness of property tax incentives since they control how local governments use them. For example, states can restrict the use of incentives to certain geographic areas or certain types of facilities; publish information on the use of property tax incentives; conduct studies on their effectiveness; and reduce destructive local tax competition by not reimbursing local governments for revenue they forgo when they award property tax incentives.Local government officials can make wiser use of property tax incentives for business and avoid such incentives when their costs exceed their benefits. Localities should set clear criteria for the types of projects eligible for incentives; limit tax breaks to mobile facilities that export goods or services out of the region; involve tax administrators and other stakeholders in decisions to grant incentives; cooperate on economic development with other jurisdictions in the area; and be clear from the outset that not all businesses that ask for an incentive will receive one.Despite a generally poor record in promoting economic development, property tax incentives continue to be used. The goal is laudable: attracting new businesses to a jurisdiction can increase income or employment, expand the tax base, and revitalize distressed urban areas. In a best case scenario, attracting a large facility can increase worker productivity and draw related firms to the area, creating a positive feedback loop. This report offers recommendations to improve the odds of achieving these economic development goals. |
| texas business personal property tax exemptions: Cut Your Texas Property Taxes Patrick O'Connor, 2018-04-27 Cut Your Texas Property Taxes reveals the secrets of reducing your Texas property taxes for houses, commercial property and business personal property. Cut Your Texas Property Taxes examines how assessed property values are set and how taxes are calculated. It describes the three approaches to appraising property and explains all available exemptions. Anyone who wants to reduce their Texas property taxes can follow the steps presented in this book. With the knowledge gained from this book, you can protest your property values with confidence and with a good chance for success. Using these tips can help you ensure you're paying the lowest possible taxes! Cut Your Texas Property Taxes is an update from its original version, written in 2001 by Patrick O'Connor. |
| texas business personal property tax exemptions: Medical and Dental Expenses , 1990 |
| texas business personal property tax exemptions: Farmer's Tax Guide , 1997 |
| texas business personal property tax exemptions: Property Code Texas, 2014 |
| texas business personal property tax exemptions: The Collection Process (income Tax Accounts) United States. Internal Revenue Service, 1978 |
| texas business personal property tax exemptions: Individual retirement arrangements (IRAs) United States. Internal Revenue Service, 1990 |
| texas business personal property tax exemptions: Water Code Texas, 1972 |
| texas business personal property tax exemptions: Self-employment Tax , 1988 |
| texas business personal property tax exemptions: Property Appraisal and Assessment Administration Joseph K. Eckert, Robert J. Gloudemans, Richard R. Almy, 1990 An essential volume for anyone needing information on the property tax: appraisers, taxpayers, students, reformers, government officials. Adopted as the official assessment manual by many states. A readable, authoritative text. Covers valuation methods used by private appraisers & by assessors. Addresses tax policy & management issues related to efficient assessment administration. Treats both practice & underlying theory. Contents include The Ad Valorem Tax System; A Framework for Valuation; The Economics of Real Property Appraisal; Appraisal Theory: Mass Appraisal & Single-Property Appraisal; Data Collection & Management; The Sales Comparison Approach; Land Valuation; The Cost Approach; An Introduction to the Income Approach; Real Investment & Finance; Income, Expense & Lease Analysis; Mass Appraisal; Mass Appraisal Model Building Theory; Mass Appraisal Model Calibration; Elements of Administration; Mapping System Management; Revaluation Planning; Computers in Mass Appraisal; Sales Analysis & Mass Appraisal Performance Evaluation; Quality Assurance, Notifications, Appeals & Public Relations. Index, glossary, references & list of equations. Complemented by Assessment Administration Practices in the U.S. & Canada: 1992 Update. pap. $50 (ISBN 0-88329-082-0) See annotation. To order call: 312-947-2053. |
| texas business personal property tax exemptions: Retirement Plans for Self-employed Individuals United States. Internal Revenue Service, 1996 |
| texas business personal property tax exemptions: Occupations Code Texas, 1999 |
| texas business personal property tax exemptions: State Tax Collections United States. Bureau of the Census, 1966 |
| texas business personal property tax exemptions: The Worst Tax? Glenn W. Fisher, 1996 This text provides a history of property tax in America, revealing the fundamental difficulties confronting all past attempts at designing an equitable and efficient system of property taxation during the past two centuries. |
| texas business personal property tax exemptions: Government Code Texas, 1988 |
| texas business personal property tax exemptions: Farmer's Tax Guide - Publication 225 (For Use in Preparing 2020 Returns) Internal Revenue Service, 2021-03-04 vate, operate, or manage a farm for profit, either as owner or tenant. A farm includes livestock, dairy, poultry, fish, fruit, and truck farms. It also includes plantations, ranches, ranges, and orchards and groves. This publication explains how the federal tax laws apply to farming. Use this publication as a guide to figure your taxes and complete your farm tax return. If you need more information on a subject, get the specific IRS tax publication covering that subject. We refer to many of these free publications throughout this publication. See chapter 16 for information on ordering these publications. The explanations and examples in this publication reflect the Internal Revenue Service's interpretation of tax laws enacted by Congress, Treasury regulations, and court decisions. However, the information given does not cover every situation and is not intended to replace the law or change its meaning. This publication covers subjects on which a court may have rendered a decision more favorable to taxpayers than the interpretation by the IRS. Until these differing interpretations are resolved by higher court decisions, or in some other way, this publication will continue to present the interpretation by the IRS. |
| texas business personal property tax exemptions: Income Averaging United States. Internal Revenue Service, 1979 |
| texas business personal property tax exemptions: Utilities Code Texas, 2007 |
| texas business personal property tax exemptions: Natural Resources Code Texas, 1978 |
| texas business personal property tax exemptions: Social Security, a Guide for Representative Payees , 1996 |
| texas business personal property tax exemptions: Sales and Use Tax Information , 2014 |
| texas business personal property tax exemptions: Civil Practice and Remedies Code Texas, 1986 |
| texas business personal property tax exemptions: A Guide to Property Taxes Mandy Rafool, 2002 This report examines the various types of taxable property and explains the mechanics of how property taxes are levied. It also examines various types of property and examines how states classify property and how they apply different assessment ratios. Even though the property tax is largely a local tax, state law provides the power to impose it. In addition, state legislatures develop property tax policies that have major effects on local governments' ability to raise revenue and provide services.--Publisher's description. |
| texas business personal property tax exemptions: The Property Tax and Local Autonomy Michael E. Bell, David Brunori, Joan M. Youngman, 2010 This book examines the issues and consequences of a declining property tax base with respect to local government autonomy. Some of the nation's leading scholars provide their views on how the property tax effects intergovernmental relations, local autonomy, and education finance. --from publisher description |
| texas business personal property tax exemptions: A Guide to Property Taxes , 2002 |
| texas business personal property tax exemptions: Transportation Code Texas, 1999 |
| texas business personal property tax exemptions: Standard Industrial Classification Manual United States. Bureau of the Budget, 1957 |
| texas business personal property tax exemptions: Reportable Transactions Todd C. Simmens, Jeffrey H. Paravano, |
| texas business personal property tax exemptions: Reasonable Compensation Anne E. Moran, ... analyzes the issues relating to the deduction by an employer for a reasonable allowance under [section] 162(a) for compensation paid with regard to personal services rendered. It discusses in depth the factors applied in determining reasonableness, the necessity for the actual performance of services, situations where a deduction for reasonable compensation is not allowable, and other aspects of reasonable compensation. Various tax planning and controversy considerations also are discussed--Portfolio description (p. iii). |
| texas business personal property tax exemptions: Agriculture Code Texas, 1982 |
| texas business personal property tax exemptions: The States and Distressed Communities , 1980 |
| texas business personal property tax exemptions: Rethinking Texas Taxes: Findings and recommendations Texas. Select Committee on Tax Equity, 1989 |
| texas business personal property tax exemptions: 1992 Census of Governments United States. Bureau of the Census, 1994 |
| texas business personal property tax exemptions: Census of Governments , 1982 |
| texas business personal property tax exemptions: Research Report , 1980 |
| texas business personal property tax exemptions: U.S. Master Property Tax Guide (2008) CCH State Tax Law Editors, 2008-03 CCH's U.S. Master Property Tax Guide is a practical, quick-answer resource to the key issues and concepts that professionals who deal with state and local property taxes need to know. This handy desktop reference contains concise explanations on major property tax areas in a readily accessible, easy-to-use and easy-to-understand format. It provides an overview of the property tax and valuation assessment methods used by the different taxing jurisdictions, and provides readers with the key definitions, concepts and procedures necessary to understand the application of local property taxes. |
| texas business personal property tax exemptions: Fiduciary Duties and Liabilities David H. Glusman, Gabriel Daniel Martin Ciociola, 2006 |
| texas business personal property tax exemptions: State and Local Finances, Significant Features, 1967 to 1970 United States. Advisory Commission on Intergovernmental Relations, 1970 |
| texas business personal property tax exemptions: The Journal of the Assembly During the ... Session of the Legislature of the State of California California. Legislature. Assembly, 1965 |
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Texas (/ ˈ t ɛ k s ə s / ⓘ TEK-səss, locally also / ˈ t ɛ k s ɪ z / TEK-siz; [8] Spanish: Texas or Tejas [b]) is the most populous state in the South Central region of the United States.
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Texas.gov is the official website of the State of Texas. From here, we’ll guide you to online services, resources, and information around our great state.
Texas | Map, Population, History, & Facts | Britannica
3 days ago · Texas, constituent state of the U.S. It became the 28th state of the union in 1845. It is bordered on the north by Oklahoma, on the northeast by Arkansas, on the east by Louisiana, on …
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Jan 18, 2024 · Texas, the second-largest U.S. state in both area and population, borders the states of New Mexico, Oklahoma, Arkansas, and Louisiana. To its southwest lies the country of Mexico, …
Texas - Simple English Wikipedia, the free encyclopedia
Texas (/ ˈ t ɛ k s ə s /, also locally / ˈ t ɛ k s ɪ z / American Spanish: [8]), officially the State of Texas, is a state in the South Central Region of the United States. It is the second largest US state by …
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Texas - Wikipedia
Texas (/ ˈ t ɛ k s ə s / ⓘ TEK-səss, locally also / ˈ t ɛ k s ɪ z / TEK-siz; [8] Spanish: Texas or Tejas [b]) is the most populous state in the South Central region of the United States.
Texas.gov | The Official Website of the State of Texas
Texas.gov is the official website of the State of Texas. From here, we’ll guide you to online services, resources, and information …
Texas | Map, Population, History, & Facts | Britannica
3 days ago · Texas, constituent state of the U.S. It became the 28th state of the union in 1845. It is bordered on the north by Oklahoma, on the northeast by Arkansas, …
Texas Maps & Facts - World Atlas
Jan 18, 2024 · Texas, the second-largest U.S. state in both area and population, borders the states of New Mexico, Oklahoma, Arkansas, and Louisiana. To its southwest …
Texas - Simple English Wikipedia, the free encyclopedia
Texas (/ ˈ t ɛ k s ə s /, also locally / ˈ t ɛ k s ɪ z / American Spanish: [8]), officially the State of Texas, is a state in the South Central Region of the United States. It is the second …
