Texas House committee to examine ad tax status

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Advertising and media groups' concern that Texas might be headed toward eliminating advertising's tax deductibility heightened last week after a Texas House panel declined to abandon consideration and set hearings for today and tomorrow on possible new taxes, including those on advertising. The House Select Committee on Revenue & Public Education is looking at a tax on agency advertising services, media buys in the state, magazine subscriptions and newspaper inserts.

Copyright March 1997, Crain Communications Inc.

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