reglab/statecodes huggingface dataset:
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter B. Exemptions › Section 171.070. Exemption--Lodges

Sec. 171.070.  EXEMPTION--LODGES.  A lodge incorporated under Article 1399 et seq., Revised Civil Statutes of Texas, 1925, is exempted from the franchise tax.
Acts 1981, 67th Leg., p. 1696, ch. 389, Sec. 1, eff. Jan. 1, 1982.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter B. Exemptions › Section 171.071. Exemption--Farmers' Cooperative Society

Sec. 171.071.  EXEMPTION--FARMERS' COOPERATIVE SOCIETY.  A  cooperative that is either a farmers' cooperative society incorporated under Chapter 51, Agriculture Code, or a cooperative whose single member is a farmers' cooperative described in Section 521(b)(1), Internal Revenue Code, that has at least 500 farmer-fruit grower members, 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. 7, eff. Jan. 1, 1996.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 1104 (H.B. 3992), Sec. 1, eff. June 15, 2017.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter C. Determination of Taxable Margin; Allocation and Apportionment › Section 171.10132. Provisions Related to Certain Grants Received for Broadband Deployment in Texas

Sec. 171.10132.  PROVISIONS RELATED TO CERTAIN GRANTS RECEIVED FOR BROADBAND DEPLOYMENT IN TEXAS.  (a)  In this section, "qualifying broadband grant" means a grant for broadband deployment in this state received by a taxable entity:
(1)  under the Broadband Equity, Access, and Deployment Program established under 47 U.S.C. Section 1702;
(2)  under the State Digital Equity Capacity Grant Program established under 47 U.S.C. Section 1723;
(3)  under the Digital Equity Competitive Grant Program established under 47 U.S.C. Section 1724;
(4)  under the provisions of 47 U.S.C. Section 1741 providing for middle mile grants;
(5)  under the broadband loan and grant pilot program authorized under Section 779, Title VII, Div. A, Consolidated Appropriations Act, 2018 (Pub. L. No. 115-141, 132 Stat. 399),  from funds made available for that program under the heading "Distance Learning, Telemedicine, and Broadband Program," "Rural Utilities Service," "Rural Development Programs" in Title I, Infrastructure Investments and Jobs Appropriations Act (Title I, Div. J, Pub. L. No. 117-58, 135 Stat. 1351);
(6)  under Section 905, Division N, Consolidated Appropriations Act, 2021 (Pub. L. No. 116-260, 134 Stat. 2136); or
(7)  from a state, territory, tribal government, or unit of local government to the extent the grant was:
(A)  funded by amounts provided under 42 U.S.C. Section 802, 803, or 804; and
(B)  provided for the stated purposes of making investments in broadband infrastructure.
(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 broadband grant proceeds for the purposes of broadband deployment in this state;
(2)  may include as a cost of goods sold under Section 171.1012 any expense paid using qualifying broadband grant proceeds for the purposes of broadband deployment in this state if 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 broadband grant proceeds for the purposes of broadband deployment in this state if the expense is otherwise includable as compensation under that section.
Added by Acts 2023, 88th Leg., R.S., Ch. 156 (S.B. 1243), Sec. 1, eff. May 23, 2023.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › 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.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter C. Determination of Taxable Margin; Allocation and Apportionment › Section 171.107. Deduction of Cost of Solar Energy Device From Margin Apportioned to This State

Sec. 171.107.  DEDUCTION OF COST OF SOLAR ENERGY DEVICE FROM MARGIN APPORTIONED TO THIS STATE.  (a)  In this section, "solar energy device" means a system or series of mechanisms designed primarily to provide heating or cooling or to produce electrical or mechanical power by collecting and transferring solar-generated energy.  The term includes a mechanical or chemical device that has the ability to store solar-generated energy for use in heating or cooling or in the production of power.
(b)  A taxable entity may deduct from its apportioned margin 10 percent of the amortized cost of a solar energy device if:
(1)  the device is acquired by the taxable entity for heating or cooling or for the production of power;
(2)  the device is used in this state by the taxable entity; and
(3)  the cost of the device is amortized in accordance with Subsection (c).
(c)  The amortization of the cost of a solar energy device must:
(1)  be for a period of at least 60 months;
(2)  provide for equal monthly amounts or conform to federal depreciation schedules;
(3)  begin on the month in which the device is placed in service in this state; and
(4)  cover only a period in which the device is in use in this state.
(d)  A taxable entity that makes a deduction under this section shall file with the comptroller an amortization schedule showing the period in which a deduction is to be made.  On the request of the comptroller, the taxable entity shall file with the comptroller proof of the cost of the solar energy device or proof of the device's operation in this state.
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;  Acts 1999, 76th Leg., ch. 1467, Sec. 2.59, eff. Jan. 1, 2000.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 5, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter C. Determination of Taxable Margin; Allocation and Apportionment › Section 171.108. Deduction of Cost of Clean Coal Project From Margin Apportioned to This State

Sec. 171.108.  DEDUCTION OF COST OF CLEAN COAL PROJECT FROM MARGIN APPORTIONED TO THIS STATE.  (a)  In this section, "clean coal project" has the meaning assigned by Section 5.001, Water Code.
(b)  A taxable entity may deduct from its apportioned margin 10 percent of the amortized cost of equipment:
(1)  that is used in a clean coal project;
(2)  that is acquired by the taxable entity for use in generation of electricity, production of process steam, or industrial production;
(3)  that the taxable entity uses in this state; and
(4)  the cost of which is amortized in accordance with Subsection (c).
(c)  The amortization of the cost of capital used in a clean coal project must:
(1)  be for a period of at least 60 months;
(2)  provide for equal monthly amounts;
(3)  begin in the month during which the equipment is placed in service in this state; and
(4)  cover only a period during which the equipment is used in this state.
(d)  A taxable entity that makes a deduction under this section shall file with the comptroller an amortization schedule showing the period for which the deduction is to be made.  On the request of the comptroller, the taxable entity shall file with the comptroller proof of the cost of the equipment or proof of the equipment's operation in this state.
Added by Acts 2005, 79th Leg., Ch. 1097 (H.B. 2201), Sec. 4, eff. June 18, 2005.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 5, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter C. Determination of Taxable Margin; Allocation and Apportionment › Section 171.109. Deduction of Relocation Costs by Certain Taxable Entities From Margin Apportioned to This State

Sec. 171.109.  DEDUCTION OF RELOCATION COSTS BY CERTAIN TAXABLE ENTITIES FROM MARGIN APPORTIONED TO THIS STATE.  (a)  In this section, "relocation costs" means the costs incurred by a taxable entity to relocate the taxable entity's main office or other principal place of business from one location to another.  The term includes:
(1)  costs of relocating computers and peripherals, other business supplies, furniture, and inventory; and
(2)  any other costs related to the relocation that are allowable deductions for federal income tax purposes.
(b)  Subject to Subsection (c), a taxable entity may deduct from its apportioned margin relocation costs incurred in relocating the taxable entity's main office or other principal place of business to this state from another state if the taxable entity:
(1)  did not do business in this state before relocating the taxable entity's main office or other principal place of business to this state;  and
(2)  is not a member of an affiliated group engaged in a unitary business, another member of which is doing business in this state on the date the taxable entity relocates the taxable entity's main office or other principal place of business to this state.
(c)  A taxable entity must take the deduction authorized by Subsection (b) on the report based on the taxable entity's initial period described by Section 171.151(1).
(d)  On the comptroller's request, a taxable entity that takes a deduction authorized by this section shall file with the comptroller proof of the deducted relocation costs.
Added by Acts 2013, 83rd Leg., R.S., Ch. 1232 (H.B. 500), Sec. 13(a), eff. September 1, 2013.
For expiration of this section, see Subsection (e).
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter C. Determination of Taxable Margin; Allocation and Apportionment › Section 171.1121. Gross Receipts for Margin

Sec. 171.1121.  GROSS RECEIPTS FOR MARGIN.  (a)  For purposes of this section, "gross receipts" means all revenues reportable by a taxable entity on its federal tax return, without deduction for the cost of property sold, materials used, labor performed, or other costs incurred, unless otherwise specifically provided in this chapter.
(b)  Except as otherwise provided by this section, a taxable entity shall use the same accounting methods to apportion margin as used in computing margin.
(c)  A taxable entity may not change its accounting methods used to calculate gross receipts more often than once every four years without the express written consent of the comptroller.  A change in accounting methods is not justified solely because it results in a reduction of tax liability.
Added by Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 8.10, eff. Jan. 1, 1992.  Amended by Acts 1993, 73rd Leg., ch. 546, Sec. 8, eff. Jan. 1, 1994;  Acts 1997, 75th Leg., ch. 1185, Sec. 11, eff. Jan. 1, 1998;  Acts 2001, 77th Leg., ch. 1263, Sec. 61, eff. Jan. 1, 2002.
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. 24, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter D. Payment of Tax › Section 171.151. Privilege Period Covered by Tax

Sec. 171.151.  PRIVILEGE PERIOD COVERED BY TAX.  The franchise tax shall be paid for each of the following:
(1)  an initial period beginning on the taxable entity's beginning date and ending on the day before the first anniversary of the beginning date;
(2)  a second period beginning on the first anniversary of the beginning date and ending on December 31 following that date; and
(3)  after the initial and second periods have expired, a regular annual period beginning each year on January 1 and ending the following December 31.
Acts 1981, 67th Leg., p. 1699, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1985, 69th Leg., ch. 31, Sec. 5, eff. Aug. 26, 1985;  Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 8.11, eff. Jan. 1, 1992;  Acts 1995, 74th Leg., ch. 1002, Sec. 14, eff. Jan. 1, 1996.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 6, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter D. Payment of Tax › Section 171.152. Date on Which Payment Is Due

Sec. 171.152.  DATE ON WHICH PAYMENT IS DUE.  (a)  Payment of the tax covering the initial period is due within 90 days after the date that the initial period ends or, if applicable, within 91 days after the date of the merger.
(b)  Payment of the tax covering the second period is due on the same date as the tax covering the initial period.
(c)  Payment of the tax covering the regular annual period is due May 15, of each year after the beginning of the regular annual period.  However, if the first anniversary of the taxable entity's beginning date is after October 3 and before January 1, the payment of the tax covering the first regular annual period is due on the same date as the tax covering the initial period.
Acts 1981, 67th Leg., p. 1699, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1984, 68th Leg., 2nd C.S., ch. 10, art. 3, Sec. 1, eff. Sept. 1, 1984;  Acts 1985, 69th Leg., ch. 31, Sec. 7, eff. Aug. 26, 1985;  Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 8.12, eff. Jan. 1, 1992;  Acts 1995, 74th Leg., ch. 1002, Sec. 15, eff. Jan. 1, 1996.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 6, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter D. Payment of Tax › Section 171.1532. Business on Which Tax on Net Taxable Margin Is Based

Sec. 171.1532.  BUSINESS ON WHICH TAX ON NET TAXABLE MARGIN IS BASED.  (a)  The tax covering the privilege periods included on the initial report is based on the business done by the taxable entity during the period beginning on the taxable entity's beginning date and:
(1)  ending on the last accounting period ending date that is at least 60 days before the original due date of the initial report; or
(2)  if there is no such period ending date in Subdivision (1), then ending on the day that is the last day of a calendar month and that is nearest to the end of the taxable entity's first year of business.
(b)  The tax covering the regular annual period, other than a regular annual period included on the initial report, is based on the business done by the taxable entity during the period beginning with the day after the last date upon which taxable margin or net taxable earned surplus on a previous report was based and ending with its last accounting period ending date for federal income tax purposes in the year before the year in which the report is originally due.
Added by Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 8.14, eff. Jan. 1, 1992.  Amended by Acts 1995, 74th Leg., ch. 1002, Sec. 18, eff. Jan. 1, 1996.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 6, eff. January 1, 2008.
Acts 2007, 80th Leg., R.S., Ch. 1282 (H.B. 3928), Sec. 25, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter D. Payment of Tax › Section 171.154. Payment to Comptroller

Sec. 171.154.  PAYMENT TO COMPTROLLER.  A taxable entity on which a tax is imposed by this chapter shall pay the tax to the comptroller.
Acts 1981, 67th Leg., p. 1700, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 6, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter D. Payment of Tax › Section 171.158. Payment by Foreign Taxable Entity Before Withdrawal From State

Sec. 171.158.  PAYMENT BY FOREIGN TAXABLE ENTITY BEFORE WITHDRAWAL FROM STATE.  (a)  Except as provided by Subsection (b), a foreign taxable entity holding a registration or certificate of authority to do business in this state may withdraw from doing business in this state by filing a certificate of withdrawal with the secretary of state.  The secretary of state shall file the certificate of withdrawal as provided by law.
(b)  The foreign taxable entity may not withdraw from doing business in this state unless it has paid, before filing the certificate of withdrawal, any tax or penalty imposed by this chapter on the taxable entity.
Acts 1981, 67th Leg., p. 1701, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 6, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter E. Reports and Records › Section 171.201. Initial Report

Sec. 171.201.  INITIAL REPORT.  (a)  Except as provided by Section 171.2022, a taxable entity on which the franchise tax is imposed shall file an initial report with the comptroller containing:
(1)  financial information of the taxable entity necessary to compute the tax under this chapter;
(2)  the name and address of:
(A)  each officer, director, and manager of the taxable entity;
(B)  for a limited partnership, each general partner;
(C)  for a general partnership or limited liability partnership, each managing partner or, if there is not a managing partner, each partner; or
(D)  for a trust, each trustee;
(3)  the name and address of the agent of the taxable entity designated under Section 171.354; and
(4)  other information required by the comptroller.
(b)  The taxable entity shall file the report on or before the date the payment is due under Section 171.152(a).
Acts 1981, 67th Leg., p. 1701, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1985, 69th Leg., ch. 31, Sec. 9, eff. Aug. 26, 1985;  Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 8.15, eff. Jan. 1, 1992.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 7, eff. January 1, 2008.
Acts 2007, 80th Leg., R.S., Ch. 1282 (H.B. 3928), Sec. 26, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter E. Reports and Records › Section 171.2022. Exemption From Reporting Requirements

Sec. 171.2022.  EXEMPTION FROM REPORTING REQUIREMENTS.  A taxable entity that does not owe any tax under this chapter for any period is not required to file a report under Section 171.201 or 171.202.  The exemption applies only to a period for which no tax is due.
Added by Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 8.17, eff. Jan. 1, 1992.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 7, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter E. Reports and Records › Section 171.204. Information Report

Sec. 171.204.  INFORMATION REPORT.  (a)  Except as provided by Subsection (b), to determine eligibility for the exemption provided by Section 171.2022, or to determine the amount of the franchise tax or the correctness of a franchise tax report, the comptroller may require a taxable entity that may be subject to the tax imposed under this chapter to file an information report with the comptroller stating the amount of the taxable entity's margin, or any other information the comptroller may request that is necessary to make a determination under this subsection.
(b)  The comptroller may not require a taxable entity that does not owe any tax because of the application of Section 171.002(d)(2) to file an information report with the comptroller.
(c)  The comptroller may require any entity to file information as necessary to verify that the entity is not subject to the tax imposed under this chapter.
(d)  Repealed by Acts 2023, 88th Leg., 2nd C.S., Ch. 2 (S.B. 3), Sec. 3, eff. January 1, 2024, and Acts 2021, 87th Leg., R.S., Ch. 859 (S.B. 938), Sec. 9(4), eff. January 1, 2026.
Acts 1981, 67th Leg., p. 1702, ch. 389, Sec. 1, eff. Jan. 1, 1982.  Amended by Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 8.18, eff. Jan. 1, 1992;  Acts 1999, 76th Leg., ch. 394, Sec. 12, eff. Jan. 1, 2000.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 7, eff. January 1, 2008.
Acts 2007, 80th Leg., R.S., Ch. 1282 (H.B. 3928), Sec. 28, eff. January 1, 2008.
Acts 2015, 84th Leg., R.S., Ch. 329 (S.B. 1049), Sec. 7, eff. January 1, 2016.
Acts 2015, 84th Leg., R.S., Ch. 329 (S.B. 1049), Sec. 9(3), eff. January 1, 2020.
Acts 2021, 87th Leg., R.S., Ch. 859 (S.B. 938), Sec. 8, eff. January 1, 2022.
Acts 2021, 87th Leg., R.S., Ch. 859 (S.B. 938), Sec. 9(4), eff. January 1, 2026.
Acts 2023, 88th Leg., 2nd C.S., Ch. 2 (S.B. 3), Sec. 2, eff. January 1, 2024.
Acts 2023, 88th Leg., 2nd C.S., Ch. 2 (S.B. 3), Sec. 3, eff. January 1, 2024.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter E. Reports and Records › Section 171.205. Additional Information Required by Comptroller

Sec. 171.205.  ADDITIONAL INFORMATION REQUIRED BY COMPTROLLER.  The comptroller may require a taxable entity on which the franchise tax is imposed to furnish to the comptroller information from the taxable entity's books and records that has not been filed previously and that is necessary for the comptroller to determine the amount of the tax.
Acts 1981, 67th Leg., p. 1702, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 7, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter E. Reports and Records › Section 171.206. Confidential Information

Sec. 171.206.  CONFIDENTIAL INFORMATION.  Except as provided by Section 171.207, the following information is confidential and may not be made open to public inspection:
(1)  information that is obtained from a record or other instrument that is required by this chapter to be filed with the comptroller; or
(2)  information, including information about the business affairs, operations, profits, losses, cost of goods sold, compensation, or expenditures of a taxable entity, obtained by an examination of the books and records, officers, partners, trustees, agents, or employees of a taxable entity on which a tax is imposed by this chapter.
Acts 1981, 67th Leg., p. 1702, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 7, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter E. Reports and Records › Section 171.207. Information Not Confidential

Sec. 171.207.  INFORMATION NOT CONFIDENTIAL.  The following information is not confidential and shall be made open to public inspection:
(1)  information contained in a document filed under this chapter with a county clerk as notice of a tax lien; and
(2)  information contained in a report required by Section 171.203 or 171.2035.
Acts 1981, 67th Leg., p. 1702, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 7, eff. January 1, 2008.
2023 Texas Statutes › Tax Code › Title 2 - State Taxation › Subtitle F - Franchise Tax; Credits › Chapter 171 - Franchise Tax › Subchapter E. Reports and Records › Section 171.208. Prohibition of Disclosure of Information

Sec. 171.208.  PROHIBITION OF DISCLOSURE OF INFORMATION.  A person, including a state officer or employee or an owner of a taxable entity, who has access to a report filed under this chapter may not make known in a manner not permitted by law the amount or source of the taxable entity's income, profits, losses, expenditures, cost of goods sold, compensation, or other information in the report relating to the financial condition of the taxable entity.
Acts 1981, 67th Leg., p. 1703, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Amended by:
Acts 2006, 79th Leg., 3rd C.S., Ch. 1 (H.B. 3), Sec. 7, eff. January 1, 2008.