Thursday, May. 08, 2008

State lists mixed beverage sales tax rebates for first quarter of 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 $17,346 going to cities in Parker County. Mixed drink sales tax rebates to area cities are shown below.


 1st Qtr 20081st Qtr 2007% chg2008 YTD2007 YTD% chg
Annetta$128$11610%$128$11610%
Azle$224$13663%$224$13663%
Hudson Oaks$1,464$1,3994%$1,464$1,3994%
Springtown$169$175-3%$169$175-3%
Weatherford$10,161$10,628-4%$10,161$10,628-4%
Willow Park$5,197$905474%$5,197905474%
Parker Cnty$17,346$13,36229%$17,346$13,36229%
statewide$14.2M$13.7M8%$14.2M$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