Tex. Tax Code § 183.027 · Subchapter B. MIXED BEVERAGE GROSS RECEIPTS TAX
CREDITS AND REFUNDS FOR BAD DEBTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A permittee may withhold the payment of the tax under this subchapter on a portion of the gross receipts that remains unpaid by a purchaser if:
(1) during the reporting period in which the mixed beverage is sold, the permittee determines that the unpaid portion will remain unpaid;
(2) the permittee enters the unpaid portion of the sales gross receipts in the permittee's books as a bad debt; and
(3) the bad debt is claimed as a deduction for federal tax purposes during the same or a subsequent reporting period.
(b) If the portion of a debt determined to be bad under Subsection (a) is paid, the permittee shall report and pay the tax on the portion during the reporting period in which payment is made.
(c) A permittee is entitled to credit or reimbursement for taxes paid on the portion of the gross receipts determined to be worthless and actually charged off for federal income tax purposes.
Notes and commentary — not statutory text
History
Added by Acts 1993, 73rd Leg., ch. 934, Sec. 106, eff. Jan. 1, 1994. Amended by Acts 1995, 74th Leg., ch. 1001, Sec. 3, eff. Aug. 28, 1995.
Transferred, redesignated and amended from Tax Code, Section 183.055 by Acts 2013, 83rd Leg., R.S., Ch. 1403 (H.B. 3572), Sec. 11, eff. January 1, 2014.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.183.htm
- Text hash
- sha256 cc5eb8f67ed3dfb0708032ad13ee8fa19ab7c22e2836cc71858e94ab7359c51e
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.