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Archive March 2022

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Texas Sales Tax on GPS Units

TIADA has received many questions lately about state sales tax on GPS units. Attorney Michael Dunagan addressed the topic extensively in the October 2012 issue of our monthly magazine, Texas Dealer (a link the article can be found in our Knowledge Base). We recently reached out to the Texas Comptroller of Public Accounts to ensure the information in the law as we reported is up to date. The Comptroller’s office assures the association that there have been no changes to the treatment of GPS units sold and that the taxability described in the article is correct. Following are excerpts from the article related to the taxability of GPS units.

 

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TIADA Announces Safeguards Compliance Course and the Dealer Education Portal

The Federal Trade Commission recently strengthened the data security safeguards that dealers are required to put in place to protect their customers’ financial information in response to numerous high-profile data breaches and cyberattacks that have resulted in significant harm to consumers. The FTC’s updated Safeguards Rule requires dealers to have a comprehensive security system to keep their customers’ information safe. Additionally, every dealer is now responsible for ensuring their employees are trained in protecting customer information.

 

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