Keyword Analysis & Research: texas comptroller's office

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Frequently Asked Questions

What are the duties of the Texas Comptroller?

Duties. The primary duty of the Comptroller's office is to collect substantially all tax revenue owed to the State of Texas. This involves more than 60 different types of taxes from the sales tax (the largest source of the state's tax revenue, since Texas does not have a personal income tax) to minor items such as the "battery sales fee"...

Does Texas collect an income tax?

Texas is one of only seven states that has no personal income tax. Most of the taxes in Texas are sales taxes, and taxes on businesses and specific industries. The state does have a property tax, but it's collected by cities, counties, and school districts, not by the state itself, and the revenue can only be used for local needs.

Are taxes high in Texas?

There is no state income tax in Texas, which means Social Security retirement benefits and all other types of retirement income are tax-free. Texas has some of the highest sales taxes and property taxes of any U.S. state.

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