Margins Tax Rule Revision Benefits Construction Companies 

The Texas Construction Association along with other construction industry associations successfully negotiated with the Texas Comptroller's office to ensure that certain construction costs, such as supervisory costs, could be included in the calculation of the cost of goods sold deduction.  George Rendziperis, JD of Padgett Stratemann discusses the revised Margin Tax Rule that went into effect in June in this article in TCA's summer newsletter.  View the entire newsletter here.