Texas Tax Code § 171.086 Exemption: Political Subdivision Corporation

Sec. 171.086. EXEMPTION: POLITICAL SUBDIVISION CORPORATION. A political subdivision corporation formed under Section 304.001, Local Government Code, is exempted from the franchise tax.

Added by Acts 2013, 83rd Leg., R.S., Ch. 1232 (H.B. 500), Sec. 5, eff. January 1, 2014.

Section: Previous  171.079  171.080  171.081  171.082  171.083  171.084  171.085  171.086  171.087  171.088  171.101  171.1011  171.1012  171.1013  171.1014  Next

Last modified: September 28, 2016