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Texas franchise tax on airline revenue grounded by federal preemption
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Texas franchise tax on airline revenue grounded by federal preemption
A Texas Court of Appeals held that the federal Anti-Head Tax Act (“AHTA”) preempts Texas from imposing its franchise tax on American Airlines’ revenues from baggage fees, passenger ticket sales, and freight transportation. The case presented an issue of first impression – whether the AHTA’s prohibition on state and local taxes imposed on the “gross receipts” from air commerce or transportation applies to the Texas franchise tax.The Comptroller a…
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