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Texas: Taxability of Sales and Purchases by Oil Well Servicing Company

Taxability of Sales and Purchases by Oil Well Servicing Company Discussed March 23, 2023 The Texas Comptroller of Public Accounts issued a letter ruling regarding the applicability of local sales and use tax rates to an oil well servicing company’s (taxpayer’s) taxable sales of services and purchases of taxable items. In this matter, the…

Source: vitallaw.com

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