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Tag: Sales tax exemption
Crypto Mining Incentives vs High Franchise Tax Apportionment in Texas
Introduction Texas has become a hub for cryptocurrency mining due to its abundant energy resources and favorable regulatory environment, but crypto miners must balance lucrative state incentives against the complexities of high franchise-tax apportionment. Inexperienced advisors may overlook how Texas franchise tax calculations can erode the benefits of incentives like property tax abatements, leading to […]
Data Center Exemption §151.359: Sales Tax Savings for AI Firms
AI and tech companies in Texas can qualify for major sales tax exemptions on servers, power systems, and cooling infrastructure under §151.359. This law can save millions in costs over 20 years , if you meet the eligibility rules. What is the Texas Data Center Exemption? Texas Tax Code §151.359 offers a state sales tax […]
Texas Agricultural Exemption: How Farmers & Ranchers Can Save on Taxes
Introduction Texas offers agricultural tax exemptions that help farmers, ranchers, and landowners significantly reduce their property tax and sales tax burdens. These exemptions encourage agricultural production and keep land in active use. This guide explains who qualifies for Texas agricultural tax exemptions, how to apply, and common mistakes to avoid. What Is the Texas Agricultural […]