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HomeMy WebLinkAboutTCSCLTTS Franchise TaxCOMPTROLLER OF PUBLIC ACCOUNTS P.O. BOX 13528 October 28, 2004 Mr. Thomas Allen Moon Attorney at Law 15615 Preston Rd.,# l 012 Dallas, TX 75248 Dear Mr. Moon: AUSTIN, TX 78711-3528 Effective March 6, 2003, Texas Charter School Corporation-LTTS Charter School, Inc. Project is exempt from Texas franchise tax under Section 171.081 ofthe Texas Tax Code, and from sales and use tax as a corporation authorized under Section 53.35(b) of the Education Code. The exemption does not extend to hotel occupancy tax. We have assigned Texas taxpayer number 18706900232 to the organization. Please reference this number in correspondence with us. The assignment of the taxpayer number does not mean the organization is permitted to collect or remit Texas taxes. Exempt organizations must collect taxes on most oftheir sales. Please give our Tax Assistance section a call at 1-800-252-5555 ifyou need a sales tax permit. The sales tax exemption extends to goods and services purchased for use by your organization. The exemption does not apply if the purchase is for the personal benefit of an individual or private party, or is not related to the organization's exempt purpose. For more information, please see our publication# 96-122, Exempt Organizations-Sales and Purchases. The enclosed exemption certificate can be issued instead of paying tax when buying taxable items related to the exempt purpose of the organization. Make as many copies ofthe exemption certificate as you need. The exemption certificate does not need a taxpayer number to be valid, but you may provide your taxpayer number if the seller requests it. Changes to the organization's registered agent and registered office address must be filed with the Texas Secretary of State. The changes can be made online at http://www.sos.state.tx.us/corp/sosda/index.shtml or you can download the forms and instructions from http://www.sos.state.tx.us/corp/nonprofit.shtml. You can also contact them at corpinfo@sos.state.tx.us or by calling (512) 463-5582. It is important to maintain current registered agent information, because this is how we will contact you if we have reason to believe that your organization no longer qualifies for exemption. Our goal is to provide you with prompt, professional service. Please take a moment to complete the enclosed survey. If it is more convenient, you may complete our on-line survey at http://aixtcp.cpa.state.tx.us/surveys/tpsurv/. If you have any questions, write to us at exempt.orgs@cpa.state.tx.us, or call us toll-free at 1-800- 531-5441, extension 34726. Also, our publications, exemption certificates, and other helpful information are online at http://www.window.state.tx.us/taxinfo/exempt.