Sec. 321.202. 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).
Structure Texas Statutes
Subtitle C - Local Sales and Use Taxes
Chapter 321 - Municipal Sales and Use Tax Act
Subchapter C. Computation of Taxes
Section 321.201. Computation of Sales Taxes
Section 321.202. Method of Reporting: Retailers Having Sales Below Taxable Amount
Section 321.203. Consummation of Sale
Section 321.204. Computation of Use Tax
Section 321.205. Use Tax: Municipality in Which Use Occurs
Section 321.206. Incidence of Additional Municipal Sales and Use Tax
Section 321.207. Local Tax Inapplicable When No State Tax; Exceptions
Section 321.208. State Exemptions Applicable
Section 321.209. Transition Exemption: General Purpose Sales and Use Tax
Section 321.2091. Transition Exemption: Additional Municipal Sales and Use Tax