Texas Incentives and Workforce Development Guide
Buisness Facilities Contributed Content
MARCH 9, 2016
Business Relocation Tax Deduction & Exemption: Effective January 1, 2014 House Bill 500 provides authorization for a company to deduct moving expenses from its apportioned margin while calculating its franchise liability. Companies must relocate their principle place of business from out of state into Texas to obtain the deduction.
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