Tex. Tax Code § 321.202

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 321.202 - Method of Reporting: Retailers Having Sales Below Taxable Amount

The exclusion provided by Section 151.411 applies to a retailer under this chapter 50 percent of whose receipts from the sales of taxable items comes from individual transactions in which the sales price is an amount on which no tax is produced from the combined state and local taxes.

Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987. For expiration of Subsections (c-4) and (c-5), see Subsection (c-5)