Texas Incentives and Workforce Development Guide
Buisness Facilities Contributed Content
MARCH 9, 2016
Business Relocation Tax Deduction & Exemption: Effective January 1, 2014 House Bill 500 provides authorization for a company to deduct moving expenses from its apportioned margin while calculating its franchise liability. The state also permits a corporate deduction from the state’s franchise tax for renewable energy sources.
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