Gavvy: Tax Code, Sec. 171.086. Exemption: Political Subdivision Corporation.

Add your company name, a link, and a message to this page.

Sec. 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.

Gavvy last updated this database on: Sep 6, 2024