Texas Comptroller Proposes to Repeal Regulation Concerning Sulphur Production Tax-Related Definition, Due Dates

The Texas Comptroller of Public Accounts Dec. 30 proposed to repeal an excise tax regulation concerning the sulphur production tax-related definition and due dates. The proposal includes measures to: 1) explain that the section is being repealed to implement S.B. 757, effective Sept. 1, 2015, which repealed the sulphur production tax; 2) clarify that after filing the report and paying the tax for the 2015 July and August production, due Nov. 2, 2015, sulphur producers are no longer required to file a report and pay the tax; and 3) specify that the period for assessments and refund claims is now ...