Join us on December 7th for a U.S. GAAP Update & Hot Topics Seminar
Join us on December 7th for a U.S. GAAP Update & Hot Topics Seminar
By George Rendziperis, J.D. Under Texas law, “passive entities” are exempt from the Margin Tax and are not included in a combined Margin Tax return. What is a “passive entity under Texas law?” In order to qualify as a passive entity under Texas law, passive entities must have at least 90% of their gross income […]
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