Friday, May. 09, 2008

Mixed Beverage Sales Tax Rebates 1st Quarter 2008

The state comptroller’s office delivered $14.8 million in mixed drink sales tax rebates to cities in Texas for the first quarter 2008, with $1.5 million going to cities in Tarrant County. Mixed drink sales tax rebates to cities in Denton County for


 1st Qtr 20081st Qtr 2007% chg2008 YTD2007 YTD% chg
Keller$12,400$13,579-8%$12,400$13,579-8%
Watauga$17,010$8,60397%$17,0108,60397%
Roanoke$4,374$4,1056%$4,374$4,1056%
Trophy Club$2,789$2,48212%$2,789$2,48212%
Westlake$3,213$3,471-7%$3,213$3,471-7%
Tarrant Cnty$1.5M$1.4M8%$1.5M$1.4M8%
Denton Cnty$299,190$242,72023%$299,190$242,72023%
statewide$14.8M$13.7M8%$14.8M$13.7M8%
The state comptroller’s Web site states: "By law, all mixed beverage and private club permit holders remit to the state comptroller a 14% gross receipts tax on their mixed beverage sales each month. Following the end of each calendar quarter, 10.7143% of the tax paid is allocated to the county where each business is located. For any business located within an incorporated city, another 10.7143% of the tax paid is allocated to the city where it is located. The remaining tax is distributed to the state’s General Revenue Fund." Source: Texas Comptroller of Public Accounts

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