Texas Tax Code

§ 163.007 — AIRCRAFT OPERATED UNDER FRACTIONAL OWNERSHIP PROGRAMS

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

TX § 163.007Title 2. STATE TAXATION · Part E. SALES, EXCISE, AND USE TAXES · Ch. 163. SALES AND USE TAXATION OF AIRCRAFT

Statute text

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No tax is imposed under Chapter 151 with respect to the purchase, sale, or use of an aircraft that is operated pursuant to 14 C.F.R. Part 91, Subpart K.

Legislative history

Added by Acts 2015, 84th Leg., R.S., Ch. 631 (S.B. 1396), Sec. 1, eff. September 1, 2015.