If the taxpayer is unable to make a staggered payment before the applicable due date, including the first payment, the unpaid rate is punishable and will apply with a fine of 6% and interest of 1% per month until the offender is paid. If the end date is different from February 1, the second installment must be paid before the first day of the second month following the end date. The third installment must be paid before the fourth month after the end date. The fourth and final instalment must be made before the sixth month after the delinque date. Discharge on a case-by-case basis for existing payment arrangement agreements. Texas Comptroller will provide tax relief to COVID-19 in the form of deferrals for the transfer of payments related to existing payment agreements on a case-by-case basis. Any deferral relief (a) applies only to existing payment agreements for periods prior to the February 2020 tax return; (b) does not extend or defer the due dates of a tax transfer or tax collection return on behalf of public and local authorities; (c) does not apply to settlement agreements setting a deadline for the payment of a one-time lump sum payment of the full liability. and (d) not to provide the total amount owed under the payment deadline agreement. At the end of the deferral period, all payment deadlines are resumed in accordance with the payment agreement and all deferred payments are added at the end of the payment contract term. Coronavirus Tax Payment and Return Filing Responsibilities – Other updates have been reported (May 8): On April 27, 2020, Texas Comptroller updated its website regarding certain facilities available to Texas taxpayers.

For example, in this update, he again found that, to help Texas franchise taxpayers, the compttroller automatically extended the due dates to file and pay 2020 Texas deductible tax returns until July 15, 2020. In addition, a 90-day extension from the original due date is provided to pay the vehicle tax due on purchases. In addition, for companies that are having difficulty paying the full amount of VAT they withdraw from customers, the comptroller offers short-term payment agreements and, in most cases, reductions in penalties and interest. For more information about these accommodations, click here. The Tax Code Section 31.032 allows certain taxes on residences and commercial real estate to be paid in four equal instalments when the property is located in a disaster zone and has been damaged as a result of the disaster. Texas has pretty strict tax refund rules. Some tips on setting up a tempered contract with the counter office. Updates Reported – The Texas Comptroller, published in tax policy news October 27, 2020, addresses a number of concerns regarding the effects of COVID-19. In this publication, the Comptroller`s Office explains that it understands the enormous burden on the pandemic and the resulting closures for Texas businesses. The comptroller also states that the payment period for vehicle tax on purchases will be extended until the governor`s declaration of disaster is expired. Any tax penalty is automatically cancelled after this publication if the payment of tax is received within 60 days of the expiration of the state declaration in the event of a disaster.