Updated: Texas High Court Hears Franchise Tax Challenge

UPDATE, 10:24 a.m.:

A challenge to the state’s primary business tax went before the state’s highest civil court on Tuesday and a decision from those judges could set the course and tone of next year’s legislative session.

Nestle’s lawyers argue that the only way to leave the tax in place would be to disregard the state constitution’s declaration that taxes should be equal and uniform. The state argued that the franchise tax is set up with various classifications and adjustments in order to make sure that it’s equal and uniform. The state ...

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