What is the Texas Sales & Use Tax?

Texas imposes a state sales tax on all retail sales, leases and rentals of most goods, as well as taxable services.  This is known as the sales and use tax – commonly referred to as the pseudonym “transaction tax” – and is imposed on sellers and buyers.

In our latest video, discover the process of claiming the R&D Tax Credit in Texas through sales and use tax in under three minutes.

Watch on YouTube: https://www.youtube.com/watch?v=30_Qk-c5vYE


Swanson Reed is a specialist R&D tax firm and has helped many clients across a diverse range of industries. Contact us for more information on how we can advance your company’s market value and boost its bottom line through the Research and Development Tax Credit.


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