Texas Justices To Weigh Multistate Tax Compact Arguments

By Bryan Koenig ( June 16, 2017, 1:16 PM EDT) -- The Texas Supreme Court agreed Friday to consider an appeal from a packaging manufacturer contending it and other national businesses are entitled to lower tax bills through a three-factor formula in a multistate agreement covering income tax, instead of the single factor in the state's franchise margin tax. . . .

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