reglab/housing_qa huggingface dataset:
TX Tax Code § 171.072 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.072. Exemption--Housing Finance Corporation

Sec. 171.072.  EXEMPTION--HOUSING FINANCE CORPORATION.  A housing finance corporation incorporated under the Texas Housing Finance Corporations Act (Chapter 394, Local Government Code) is exempted from the franchise tax.|Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1987, 70th Leg., ch. 149, Sec. 44, eff. Sept. 1, 1987.|
TX Tax Code § 171.073 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.073. Exemption--Hospital Laundry Cooperative Association

Sec. 171.073.  EXEMPTION--HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION.  A hospital laundry cooperative association incorporated under Subchapter A, Chapter 301, Health and Safety Code, is exempted from the franchise tax.|Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1991, 72nd Leg., ch. 14, Sec. 284(16), eff. Sept. 1, 1991.|
TX Tax Code § 171.074 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.074. Exemption--Development Corporation

Sec. 171.074.  EXEMPTION--DEVELOPMENT CORPORATION.  A nonprofit corporation organized under the Development Corporation Act (Subtitle C1, Title 12, Local Government Code) is exempted from the franchise tax.|Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1983, 68th Leg., p. 1039, ch. 235, art. 7, Sec. 2(a), eff. Sept. 1, 1983.Amended by: Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.72, eff. April 1, 2009.|
TX Tax Code § 171.075 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.075. Exemption--Cooperative Association

Sec. 171.075.  EXEMPTION--COOPERATIVE ASSOCIATION.  A cooperative association incorporated under Subchapter B, Chapter 301, Health and Safety Code, or under the Cooperative Association Act (Article 1396--50.01, Vernon's Texas Civil Statutes) is exempted from the franchise tax.|Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1991, 72nd Leg., ch. 14, Sec. 284(29), eff. Sept. 1, 1991.|
TX Tax Code § 171.076 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.076. Exemption--Cooperative Credit Association

Sec. 171.076.  EXEMPTION--COOPERATIVE CREDIT ASSOCIATION.  A cooperative credit association incorporated under Chapter 55, Agriculture Code, an organization organized under 12 U.S.C. Section 2071, or an agricultural credit association regulated by the Farm Credit Administration is exempted from the franchise tax.|Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1995, 74th Leg., ch. 1002, Sec. 8, eff. Jan. 1, 1996;  Acts 2001, 77th Leg., ch. 1263, Sec. 56, eff. Sept. 1, 2001.|
TX Tax Code § 171.077 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.077. Exemption--Credit Union

Sec. 171.077.  EXEMPTION--CREDIT UNION.  A credit union incorporated under Subtitle D, Title 3, Finance Code, is exempted from the franchise tax.|Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.93, eff. Sept. 1, 1999.|
TX Tax Code § 171.079 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.079. Exemption--Electric Cooperative Corporation

Sec. 171.079.  EXEMPTION--ELECTRIC COOPERATIVE CORPORATION.  An electric cooperative corporation incorporated under Chapter 161, Utilities Code, that is not a participant in a joint powers agency is exempted from the franchise tax.|Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1995, 74th Leg., ch. 765, Sec. 2.27, eff. Sept. 1, 1995;  Acts 1999, 76th Leg., ch. 62, Sec. 18.48, eff. Sept. 1, 1999.|
TX Tax Code § 171.080 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.080. Exemption--Telephone Cooperative Corporations

Sec. 171.080.  EXEMPTION--TELEPHONE COOPERATIVE CORPORATIONS.  A telephone cooperative corporation incorporated under Chapter 162, Utilities Code, is exempted from the franchise tax.|Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 18.49, eff. Sept. 1, 1999.|
TX Tax Code § 171.081 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.081. Exemption--Corporation Exempt by Another Law

Sec. 171.081.  EXEMPTION--CORPORATION EXEMPT BY ANOTHER LAW.  Another statute that exempts a corporation from the franchise tax is not affected by this chapter.|Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.|
TX Tax Code § 171.082 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.082. Exemption--Certain Homeowners' Associations

Sec. 171.082.  EXEMPTION--CERTAIN HOMEOWNERS' ASSOCIATIONS.  (a)  A nonprofit corporation is exempted from the franchise tax if:(1)  the corporation is organized and operated primarily to obtain, manage, construct, and maintain the property in or of a residential condominium or residential real estate development;  and(2)  the owners of individual lots, residences, or residential units control at least 51 percent of the votes of the corporation and that voting control, however acquired, is not held by:(A)  a single individual or family;  or(B)  one or more developers, declarants, banks, investors, or other similar parties.(b)  For purposes of this section, a condominium project is considered residential if the project is legally restricted for use as residences.  A real estate development is considered residential if the property is legally restricted for use as residences.|Acts 1981, 67th Leg., p. 2758, ch. 752, Sec. 4, eff. May 1, 1982.  Amended by Acts 1995, 74th Leg., ch. 1002, Sec. 9, eff. Jan. 1, 1996.|
TX Tax Code § 171.083 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.083. Exemption--Emergency Medical Service Corporation

Sec. 171.083.  EXEMPTION--EMERGENCY MEDICAL SERVICE CORPORATION.  A nonprofit corporation that is organized for the sole purpose of and engages exclusively in providing emergency medical services, including rescue and ambulance services, is exempted from the franchise tax.|Acts 1981, 67th Leg., p. 2785, ch. 752, Sec. 14, eff. May 1, 1982.|
TX Tax Code § 171.084 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.084. Exemption--Certain Trade Show Participants

Sec. 171.084.  EXEMPTION--CERTAIN TRADE SHOW PARTICIPANTS.  (a)  A corporation is exempted from the franchise tax if:(1)  the only business activity conducted by or on behalf of the corporation in this state is related to the solicitation of orders conducted by representatives of the corporation who:(A)  solicit orders of personal property to be sent outside this state for approval or rejection by the corporation and, if approved, to be filled by shipment or delivery from a point outside this state;  or(B)  solicit orders in the name of or for the benefit of a customer or prospective customer of the corporation, if the orders are filled or intended to be filled by the customer or prospective customer of the corporation by making orders to the corporation described by Paragraph (A) of this subdivision;  and(2)  the solicitation of orders is conducted on an occasional basis at trade shows:(A)  promoted by wholesale centers;(B)  promoted by nonprofit trade or professional associations for the purpose of facilitating the solicitation of orders from members of the trade or profession;  or(C)  held at municipally or county-owned convention centers or meeting facilities.(b)  For purposes of this section, the solicitation of orders is conducted on an occasional basis only if the solicitation is conducted during not more than five periods during the business period of the corporation to which a tax report applies and if no single period during which solicitation is conducted is longer than 120 hours.(c)  In this section, "wholesale center" means a permanent wholesale facility that has permanent tenants and that promotes at least four national or regional trade shows in a calendar year.  A tenant leasing space at a wholesale center for a period longer than the period prescribed by Subsection (b) may qualify for the exemption provided by this section only if the tenant solicits orders on an occasional basis at the trade show as prescribed by Subsection (b).|Added by Acts 1987, 70th Leg., ch. 778, Sec. 1, eff. May 1, 1988.  Amended by Acts 2003, 78th Leg., ch. 209, Sec. 34, eff. Oct. 1, 2003.|
TX Tax Code § 171.085 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.085. Exemption; Recycling Operation

Sec. 171.085.  EXEMPTION;  RECYCLING OPERATION.  A corporation engaged solely in the business of recycling sludge, as defined by Section 361.003, Solid Waste Disposal Act (Chapter 361, Health and Safety Code), is exempted from the franchise tax.|Added by Acts 1989, 71st Leg., ch. 641, Sec. 3, eff. Sept. 1, 1991.  Amended by Acts 1990, 71st Leg., 6th C.S., ch. 10, art. 2, Sec. 33, eff. Sept. 6, 1990.|
TX Tax Code § 171.086 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 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.|
TX Tax Code § 171.087 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.087. Exemption--Nonprofit Corporation Organized for Student Loan Funds or Student Scholarship Purposes

Sec. 171.087.  EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR STUDENT LOAN FUNDS OR STUDENT SCHOLARSHIP PURPOSES.  A nonprofit corporation organized solely to provide a student loan fund or student scholarships is exempted from the franchise tax.|Added by Acts 1995, 74th Leg., ch. 1002, Sec. 10, eff. Jan. 1, 1996.|
TX Tax Code § 171.088 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter B. Exemptions|Section 171.088. Exemption--Noncorporate Entity Eligible for Certain Exemptions

Sec. 171.088.  EXEMPTION--NONCORPORATE ENTITY ELIGIBLE FOR CERTAIN EXEMPTIONS.  An entity that is not a corporation but that, because of its activities, would qualify for a specific exemption under this subchapter if it were a corporation, qualifies for the exemption and is exempt from the tax in the same manner and under the same conditions as a corporation.|Added by Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 4, eff. January 1, 2008.|
TX Tax Code § 171.10131 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter C. Determination of Taxable Margin; Allocation and Apportionment|Section 171.10131. Provisions Related to Certain Money Received for Covid-19 Relief

Sec. 171.10131.  PROVISIONS RELATED TO CERTAIN MONEY RECEIVED FOR COVID-19 RELIEF.  (a)  In this section, "qualifying loan or grant proceeds" means the amount of money received by a taxable entity that:(1)  is:(A)  a loan or grant under the Coronavirus Aid, Relief, and Economic Security Act (15 U.S.C. Section 9001 et seq.), as amended by the Paycheck Protection Program Flexibility Act of 2020 (Pub. L. No. 116-142), the Consolidated Appropriations Act, 2021 (Pub. L. No. 116-260), the American Rescue Plan Act of 2021 (Pub. L. No. 117-2), and the PPP Extension Act of 2021 (Pub. L. No. 117-6);(B)  a shuttered venue operator grant under Section 324 of the Consolidated Appropriations Act, 2021 (Pub. L. No. 116-260), as amended by Section 5005 of the American Rescue Plan Act of 2021 (Pub. L. No. 117-2);(C)  microloan program recovery assistance under Section 329 of the Consolidated Appropriations Act, 2021 (Pub. L. No. 116-260); or(D)  a grant from the restaurant revitalization fund established under Section 5003 of the American Rescue Plan Act of 2021 (Pub. L. No. 117-2); and(2)  is not included in the taxable entity's gross income for purposes of federal income taxation under:(A)  Section 276 or 278 of the Consolidated Appropriations Act, 2021 (Pub. L. No. 116-260); or(B)  Section 9672 or 9673 of the American Rescue Plan Act of 2021 (Pub. L. No. 117-2).(b)  Notwithstanding any other law, a taxable entity:(1)  shall exclude from its total revenue, to the extent included under Section 171.1011(c)(1)(A), (c)(2)(A), or (c)(3), qualifying loan or grant proceeds;(2)  may include as a cost of goods sold under Section 171.1012 any expense paid using qualifying loan or grant proceeds to the extent the expense is otherwise includable as a cost of goods sold under that section; and(3)  may include as compensation under Section 171.1013 any expense paid using qualifying loan or grant proceeds to the extent the expense is otherwise includable as compensation under that section.|Added by Acts 2021, 87th Leg., R.S., Ch. 4 (H.B. 1195), Sec. 1, eff. May 8, 2021.|
TX Tax Code § 171.1015 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter C. Determination of Taxable Margin; Allocation and Apportionment|Section 171.1015. Reporting for Certain Partnerships in Tiered Partnership Arrangement

Sec. 171.1015.  REPORTING FOR CERTAIN PARTNERSHIPS IN TIERED PARTNERSHIP ARRANGEMENT.  (a)  In this section, "tiered partnership arrangement" means an ownership structure in which any of the interests in one taxable entity treated as a partnership or an S corporation for federal income tax purposes (a "lower tier entity") are owned by one or more other taxable entities (an "upper tier entity").  A tiered partnership arrangement may have two or more tiers.(b)  In addition to the tax it is required to pay under this chapter on its own taxable margin, a taxable entity that is an upper tier entity may include, for purposes of calculating its own taxable margin, the total revenue of a lower tier entity if the lower tier entity submits a report to the comptroller showing the amount of total revenue that each upper tier entity that owns it should include within the upper tier entity's own taxable margin calculation, according to the ownership interest of the upper tier entity. (c)  This section does not apply to that percentage of the total revenue attributable to an upper tier entity by a lower tier entity if the upper tier entity is not subject to the tax under this chapter.  In this case, the lower tier entity is liable for the tax on its taxable margin.(d)  Section 171.002(d) does not apply to an upper tier entity if, before the attribution of any total revenue by a lower tier entity to an upper tier entity under this section, the lower tier entity does not meet the criteria of Section 171.002(d)(1) or (d)(2).(e)  The comptroller shall adopt rules to administer this section.|Amended by: Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 5, eff. January 1, 2008.Acts 2007, 80th Leg., R.S., Ch. 1282 (H.B. 3928), Sec. 18, eff. January 1, 2008.|
TX Tax Code § 171.1016 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter C. Determination of Taxable Margin; Allocation and Apportionment|Section 171.1016. E-Z Computation and Rate

Sec. 171.1016.  E-Z COMPUTATION AND RATE.  (a)  Notwithstanding any other provision of this chapter, a taxable entity whose total revenue from its entire business is not more than $20 million may elect to pay the tax imposed under this chapter in the amount computed and at the rate provided by this section rather than in the amount computed and at the tax rate provided by Section 171.002.(b)  The amount of the tax for which a taxable entity that elects to pay the tax as provided by this section is liable is computed by:(1)  determining the taxable entity's total revenue from its entire business, as determined under Section 171.1011;(2)  apportioning the amount computed under Subdivision (1) to this state, as provided by Section 171.106, to determine the taxable entity's apportioned total revenue; and(3)  multiplying the amount computed under Subdivision (2) by the rate of 0.331 percent.(c)  A taxable entity that elects to pay the tax as provided by this section may not take a credit, deduction, or other adjustment that is not specifically authorized by this section.(d)  Repealed by Acts 2013, 83rd Leg., R.S., Ch. 1232, Sec. 15, eff. January 1, 2014.(e)  A reference in this chapter or other law to the rate of the franchise tax means, as appropriate, the rate under Section 171.002 or, for a taxable entity that elects to pay the tax as provided by this section, the rate under this section.|Added by Acts 2007, 80th Leg., R.S., Ch. 1282 (H.B. 3928), Sec. 19, eff. January 1, 2008.Transferred from Tax Code, Section 171.1016 by Acts 2011, 82nd Leg., R.S., Ch. 91 (S.B. 1303), Sec. 27.001(58), eff. September 1, 2011.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 1232 (H.B. 500), Sec. 15, eff. January 1, 2014.Acts 2015, 84th Leg., R.S., Ch. 449 (H.B. 32), Sec. 3, eff. January 1, 2016.|
TX Tax Code § 171.103 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter C. Determination of Taxable Margin; Allocation and Apportionment|Section 171.103. Determination of Gross Receipts From Business Done in This State for Margin

Sec. 171.103.  DETERMINATION OF GROSS RECEIPTS FROM BUSINESS DONE IN THIS STATE FOR MARGIN.  (a)  Subject to Section 171.1055, in apportioning margin, the gross receipts of a taxable entity from its business done in this state is the sum of the taxable entity's receipts from:(1)  each sale of tangible personal property if the property is delivered or shipped to a buyer in this state regardless of the FOB point or another condition of the sale;(2)  each service performed in this state, except that receipts derived from servicing loans secured by real property are in this state if the real property is located in this state;(3)  each rental of property situated in this state;(4)  the use of a patent, copyright, trademark, franchise, or license in this state;(5)  each sale of real property located in this state, including royalties from oil, gas, or other mineral interests; and(6)   other business done in this state.(b)  A combined group shall include in its gross receipts computed under Subsection (a) the gross receipts of each taxable entity that is a member of the combined group and that has a nexus with this state for the purpose of taxation. (c)  Repealed by Acts 2013, 83rd Leg., R.S., Ch. 1232, Sec. 15, eff. January 1, 2014.(d)  Repealed by Acts 2013, 83rd Leg., R.S., Ch. 1232, Sec. 15, eff. January 1, 2014.|Acts 1981, 67th Leg., p. 1697, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1984, 68th Leg., 2nd C.S., ch. 31, art. 15, Sec. 1, eff. Oct. 2, 1984;  Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 8.06, eff. Jan. 1, 1992;  Acts 1997, 75th Leg., ch. 1185, Sec. 5, eff. Jan. 1, 1998.Amended by: Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 5, eff. January 1, 2008.Acts 2007, 80th Leg., R.S., Ch. 1282 (H.B. 3928), Sec. 20, eff. January 1, 2008.Acts 2013, 83rd Leg., R.S., Ch. 1232 (H.B. 500), Sec. 15, eff. January 1, 2014.|
TX Tax Code § 171.105 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter C. Determination of Taxable Margin; Allocation and Apportionment|Section 171.105. Determination of Gross Receipts From Entire Business for Margin

Sec. 171.105.   DETERMINATION OF GROSS RECEIPTS FROM ENTIRE BUSINESS FOR MARGIN.  (a)  Subject to Section 171.1055, in apportioning margin, the gross receipts of a taxable entity from its entire business is the sum of the taxable entity's receipts from:(1)  each sale of the taxable entity's tangible personal property;(2)  each service, rental, or royalty; and(3)   other business.(b)  If a taxable entity sells an investment or capital asset, the taxable entity's gross receipts from its entire business for taxable margin includes only the net gain from the sale.(c)  A combined group shall include in its gross receipts computed under Subsection (a) the gross receipts of each taxable entity that is a member of the combined group, without regard to whether that entity has a nexus with this state for the purpose of taxation.|Acts 1981, 67th Leg., p. 1698, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 8.07, eff. Jan. 1, 1992.Amended by: Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 5, eff. January 1, 2008.|
TX Tax Code § 171.1055 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle F - Franchise Tax|Chapter 171 - Franchise Tax|Subchapter C. Determination of Taxable Margin; Allocation and Apportionment|Section 171.1055. Exclusion of Certain Receipts for Margin Apportionment

Sec. 171.1055.  EXCLUSION OF CERTAIN RECEIPTS FOR MARGIN APPORTIONMENT.  (a)  In apportioning margin, receipts excluded from total revenue by a taxable entity under Section 171.1011 may not be included in either the receipts of the taxable entity from its business done in this state as determined under Section 171.103 or the receipts of the taxable entity from its entire business done as determined under Section 171.105.(b)  In apportioning margin, receipts derived from transactions between individual members of a combined group that are excluded under Section 171.1014(c)(3) may not be included in the receipts of the taxable entity from its business done in this state as determined under Section 171.103, except that receipts ultimately derived from the sale of tangible personal property between individual members of a combined group where one member party to the transaction does not have nexus in this state shall be included in the receipts of the taxable entity from its business done in this state as determined under Section 171.103 to the extent that the member of the combined group that does not have nexus in this state resells the tangible personal property without substantial modification to a purchaser in this state.  "Receipts ultimately derived from the sale" means the amount paid for the tangible personal property by the third party purchaser.(c)  In apportioning margin, receipts derived from transactions between individual members of a combined group that are excluded under Section 171.1014(c)(3) may not be included in the receipts of the taxable entity from its entire business done as determined under Section 171.105. |Amended by: Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 5, eff. January 1, 2008.Acts 2007, 80th Leg., R.S., Ch. 1282 (H.B. 3928), Sec. 21, eff. January 1, 2008.|