Texas Tax Code

§ 171.062 — EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR PUBLIC CHARITY

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

TX § 171.062Title 2. STATE TAXATION · Part F. FRANCHISE TAX; CREDITS · Ch. 171. FRANCHISE TAX · Art. B. EXEMPTIONS

A nonprofit corporation organized for purely public charity is exempted from the franchise tax.

Legislative history

Acts 1981, 67th Leg., p. 1694, ch. 389, Sec. 1, eff. Jan. 1, 1982.