Sec. 321.312. RETENTION OF CERTAIN MUNICIPAL SALES TAXES. A municipality that holds a sales and use tax permit issued by the comptroller and that imposes a sales and use tax may retain the portion of the tax that the municipality collects and that constitutes the municipality's own tax. The municipality shall remit to the comptroller all other applicable local sales and use taxes and the state sales and use tax.
Added by Acts 2001, 77th Leg., ch. 1263, Sec. 75, eff. Oct. 1, 2001.
Structure Texas Statutes
Subtitle C - Local Sales and Use Taxes
Chapter 321 - Municipal Sales and Use Tax Act
Subchapter D. Administration of Taxes
Section 321.301. Comptroller to Collect and Administer Taxes
Section 321.302. Comptroller's Reporting Duties
Section 321.3022. Tax Information
Section 321.3025. Disposition of Amount Erroneously Collected
Section 321.303. Sales Tax Permits and Exemption and Resale Certificates
Section 321.304. Discounts for Prepayment and Tax Collection
Section 321.306. Comptroller's Rules
Section 321.307. Delinquent Taxes: Limitations
Section 321.308. Seizure and Sale of Property
Section 321.309. Suit for Tax Collection
Section 321.310. Disapproval of Municipal Suit