HB710 — Relating to the computation of cost of goods sold for purposes of the franchise tax by taxable entities that transport ready-mixed concrete.

HB710 — Relating to the computation of cost of goods sold for purposes of the franchise tax by taxable entities that transport ready-mixed concrete. · Informed CitizenryHB 710 amends the Tax Code to modify how taxable entities that transport ready-mixed concrete calculate the cost of goods sold for franchise tax purposes. The bill allows these entities to subtract…Open in Informed Citizenry