AUSTIN, Texas—Greater Austin Chamber of Commerce President and CEO Mike Rollins, on behalf of the Chamber Executive Committee, has sent a letter to Texas Comptroller Glenn Hegar in opposition to a proposed ruling regarding sales tax collection.
“The provision that changes local sales tax sourcing from being origin-based to destination-based for internet transactions would significantly impact communities with Chapter 380 agreements in our region…. This compromises expansions of Texas companies and discourages those that are considering doing business in our state…. The bottom line is that Texas has a reputation for upholding the agreements it enters into. Unexpected changes to the terms of these agreements brings uncertainty to whether companies can trust that our state will keep its word.”
Read the letter in its entirety here.