get link On January 6, 2017, the Austin Court of Appeals denied the Texas Comptroller’s Motion for Rehearing in American Multi-Cinema, Inc. v. Hegar. The Court’s opinion can be found here. Ryan Law’s Doug Sigel has handled this case at the trial and appellate level. The Court of Appeals ruled in favor of the taxpayer on the issue of whether cost-of-goods sold deduction under the Texas margin tax applies to movie theatre exhibition costs. The opinion on rehearing changes the reasoning of the Court, but not the result.
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Ryan Law is headquartered in Austin, Texas, with offices in Chicago, Houston, and Northern Virginia. Founded by tax and trial lawyers from some of the top law firms in Texas and the nation, the Firm handles a variety of complex tax issues, with an emphasis on all levels of tax recovery, audit defense, and tax appeals for many Fortune 500 companies.
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