Tag Archives: Nestle

Margins tax survives another challenge

Mighty quick ruling from the Supreme Court. The Supreme Court of Texas on Friday struck down a challenge by Nestle Inc. and two other businesses targeting the state’s franchise tax. Lawyers for Nestle and two Texas-based companies, Switchplace LLC and … Continue reading

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Once more with the margins tax and the Supreme Court

Here we go again. The Texas Supreme Court could blow a hole in the state’s budget if it finds the business tax unconstitutional, as pressed Tuesday in a lawsuit led by food giant Nestlé USA. “The Legislature can’t violate the … Continue reading

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