Tex. Tax Code § 171.057: EXEMPTION--NONPROFIT CORPORATION ORGANIZED TO PROMOTE COUNTY, CITY, OR ANOTHER AREA.
Where this section sits in the code
- TAX CODE
- TITLE 2. STATE TAXATION
- SUBTITLE F. FRANCHISE TAX; CREDITS
- CHAPTER 171. FRANCHISE TAX
- SUBCHAPTER B. EXEMPTIONS
A nonprofit corporation organized solely to promote the public interest of a county, city, town, or another area in the state is exempted from the franchise tax.
Acts 1981, 67th Leg., p. 1694, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Collected 2026-08-27T01:47:41Z. Source file · JSON