Page 11 - Texas Tax Code News Today

An oil pumpjack is pictured near Imperial, Texas. (Courthouse News photo/Travis Bubenik) (CN) — Kinder Morgan asked the Texas Supreme Court on Thursday to dismiss a lawsuit brought by a West Texas county that claims it owes more than $283 million in taxes on its oil and gas holdings in the county. The Houston-based company is the largest taxpayer in Scurry County, population 19,000, where in the county seat of Snyder some of the largest employers besides Kinder are Walmart and the Texas Depa...

Samsung seeks $1 billion in tax breaks to build new $17 billion chip plant in Austin The facility would create 1,800 new jobs with an initial average annual wage of $66,254. Samsungs existing facility in Austin. By Tribune News Service Samsung is seeking a taxpayer-subsidized incentives package worth more than $1 billion to choose Austin for its next big facility — a 7 million square-feet next-generation chip fabrication plant that would be valued at more than $17 billion and create 1,800 job...

Samsung is seeking a taxpayer-subsidized incentives package worth more than $1 billion to choose Austin for its next big facility – a 7-million-square-foot next-generation chip fabrication plant that would be valued at more than $17 billion and create 1,800 jobs, according to documents filed with the state. The documents made public by the Texas comptrollers office Thursday show that Samsung is seeking tax abatements from Travis County, the city of Austin and the Manor school district. Sam...

A large solar power plant has been proposed for southwestern Brown County, near Brookesmith. The company that would construct and operate the plant is Intersect Power of San Francisco, California. The project would be constructed on approximately 3,000 acres within the Brookesmith Independent School District and would produce 300-megawatts of power, 830-gigawatts annually, enough to power nearly 60,000 homes, according to Intersect. Brown County Commissioners thus far have taken no action on a ...

Radian Solar Energy Project seeks Brown County tax abatement Solar benefits all, harms none in Brown County Special to the Bulletin Brown County Commissioners will meet with legal counsel in closed session at 2 p.m. Monday to receive information regarding a potential tax abatement for Intersect Power, The company is developing the Radian Solar Energy Project. Intersect Power submitted this article stating its position.   Tucked away in the far southwest corner of Brown County, Intersect Power...