New Tax Plan Will Hurt IT, Pharma Vendors in Texas - McDermott Will & Emery

New Tax Plan Will Hurt IT, Pharma Vendors in Texas

Overview


Stephen Kranz, Diann Smith and Nicole Ford wrote this bylined article about proposed amendments to the Texas Franchise Tax for retailers and wholesalers. The authors warned that the proposed revisions will likely have the undesirable effect of stifling new product development by Texas taxpayers in the technology and pharmaceutical sectors.

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