FRANCHISE TAX
Tex. TAX Code ch. 171
in effectContents
section171.0001.. GENERAL DEFINITIONS.section171.001.. TAX IMPOSED.section171.002.. RATES; COMPUTATION OF TAX.section171.0002.. DEFINITION OF TAXABLE ENTITY.section171.003.. INCREASE IN RATE REQUIRES VOTER APPROVAL.section171.0003.. DEFINITION OF PASSIVE ENTITY.section171.0004.. DEFINITION OF CONDUCTING ACTIVE TRADE OR BUSINESS.section171.0005.. DEFINITION OF NEW VETERAN-OWNED BUSINESS.section171.006.. ADJUSTMENT OF ELIGIBILITY FOR NO TAX DUE, DISCOUNTS, AND COMPENSATION DEDUCTION.section171.0011.. ADDITIONAL TAX.section171.051.. APPLICATION FOR EXEMPTION; EFFECTIVE DATE.section171.052.. CERTAIN CORPORATIONS.section171.053.. EXEMPTION--RAILWAY TERMINAL CORPORATION.section171.055.. EXEMPTION--OPEN-END INVESTMENT COMPANY.section171.056.. EXEMPTION--CORPORATION WITH BUSINESS INTEREST IN SOLAR ENERGY DEVICES.section171.057.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED TO PROMOTE COUNTY, CITY, OR ANOTHER AREA.section171.058.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR RELIGIOUS PURPOSES.section171.059.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED TO PROVIDE BURIAL PLACES.section171.060.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR AGRICULTURAL PURPOSES.section171.061.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR EDUCATIONAL PURPOSES.section171.062.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR PUBLIC CHARITY.section171.063.. EXEMPTION-NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX.section171.064.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR CONSERVATION PURPOSES.section171.065.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED TO PROVIDE WATER SUPPLY OR SEWER SERVICES.section171.066.. EXEMPTION--NONPROFIT CORPORATION INVOLVED WITH CITY NATURAL GAS FACILITY.section171.067.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED TO PROVIDE CONVALESCENT HOMES FOR ELDERLY.section171.068.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED TO PROVIDE COOPERATIVE HOUSING.section171.069.. EXEMPTION--MARKETING ASSOCIATIONS.section171.070.. EXEMPTION--LODGES.section171.071.. EXEMPTION--FARMERS' COOPERATIVE SOCIETY.section171.072.. EXEMPTION--HOUSING FINANCE CORPORATION.section171.073.. EXEMPTION--HOSPITAL LAUNDRY COOPERATIVE ASSOCIATION.section171.074.. EXEMPTION--DEVELOPMENT CORPORATION.section171.075.. EXEMPTION--COOPERATIVE ASSOCIATION.section171.076.. EXEMPTION--COOPERATIVE CREDIT ASSOCIATION.section171.077.. EXEMPTION--CREDIT UNION.section171.079.. EXEMPTION--ELECTRIC COOPERATIVE CORPORATION.section171.080.. EXEMPTION--TELEPHONE COOPERATIVE CORPORATIONS.section171.081.. EXEMPTION--CORPORATION EXEMPT BY ANOTHER LAW.section171.082.. EXEMPTION--CERTAIN HOMEOWNERS' ASSOCIATIONS.section171.083.. EXEMPTION--EMERGENCY MEDICAL SERVICE CORPORATION.section171.084.. EXEMPTION--CERTAIN TRADE SHOW PARTICIPANTS.section171.085.. EXEMPTION; RECYCLING OPERATION.section171.086.. EXEMPTION: POLITICAL SUBDIVISION CORPORATION.section171.087.. EXEMPTION--NONPROFIT CORPORATION ORGANIZED FOR STUDENT LOAN FUNDS OR STUDENT SCHOLARSHIP PURPOSES.section171.088.. EXEMPTION--NONCORPORATE ENTITY ELIGIBLE FOR CERTAIN EXEMPTIONS.section171.101.. DETERMINATION OF TAXABLE MARGIN.section171.103.. DETERMINATION OF GROSS RECEIPTS FROM BUSINESS DONE IN THIS STATE FOR MARGIN.section171.105.. DETERMINATION OF GROSS RECEIPTS FROM ENTIRE BUSINESS FOR MARGIN.section171.106.. APPORTIONMENT OF MARGIN TO THIS STATE.section171.107.. DEDUCTION OF COST OF SOLAR ENERGY DEVICE FROM MARGIN APPORTIONED TO THIS STATE.section171.108.. DEDUCTION OF COST OF CLEAN COAL PROJECT FROM MARGIN APPORTIONED TO THIS STATE.section171.109.. DEDUCTION OF RELOCATION COSTS BY CERTAIN TAXABLE ENTITIES FROM MARGIN APPORTIONED TO THIS STATE.section171.111.. TEMPORARY CREDIT ON TAXABLE MARGIN.section171.151.. PRIVILEGE PERIOD COVERED BY TAX.section171.152.. DATE ON WHICH PAYMENT IS DUE.section171.154.. PAYMENT TO COMPTROLLER.section171.158.. PAYMENT BY FOREIGN TAXABLE ENTITY BEFORE WITHDRAWAL FROM STATE.section171.201.. INITIAL REPORT.section171.202.. ANNUAL REPORT.section171.203.. PUBLIC INFORMATION REPORT.section171.204.. INFORMATION REPORT.section171.205.. ADDITIONAL INFORMATION REQUIRED BY COMPTROLLER.section171.206.. CONFIDENTIAL INFORMATION.section171.207.. INFORMATION NOT CONFIDENTIAL.section171.208.. PROHIBITION OF DISCLOSURE OF INFORMATION.section171.209.. RIGHT OF OWNER TO EXAMINE OR RECEIVE REPORTS.section171.210.. PERMITTED USE OF CONFIDENTIAL INFORMATION.section171.211.. EXAMINATION OF RECORDS.section171.212.. REPORT OF CHANGES TO FEDERAL INCOME TAX RETURN.section171.251.. FORFEITURE OF CORPORATE PRIVILEGES.section171.252.. EFFECTS OF FORFEITURE.section171.253.. SUIT ON CAUSE OF ACTION ARISING BEFORE FORFEITURE.section171.254.. EXCEPTION TO FORFEITURE.section171.255.. LIABILITY OF DIRECTOR AND OFFICERS.section171.256.. NOTICE OF FORFEITURE.section171.257.. JUDICIAL PROCEEDING NOT REQUIRED FOR FORFEITURE.section171.258.. REVIVAL OF CORPORATE PRIVILEGES.section171.259.. BANKING CORPORATIONS AND SAVINGS AND LOAN ASSOCIATIONS.section171.260.. SAVINGS AND LOAN ASSOCIATION.section171.301.. GROUNDS FOR FORFEITURE OF CHARTER OR CERTIFICATE OF AUTHORITY.section171.302.. CERTIFICATION BY COMPTROLLER.section171.303.. SUIT FOR JUDICIAL FORFEITURE.section171.304.. RECORD OF JUDICIAL FORFEITURE.section171.305.. REVIVAL OF CHARTER OR CERTIFICATE OF AUTHORITY AFTER JUDICIAL FORFEITURE.section171.306.. SUIT TO SET ASIDE JUDICIAL FORFEITURE.section171.307.. RECORD OF SUIT TO SET ASIDE JUDICIAL FORFEITURE.section171.308.. CORPORATE PRIVILEGES AFTER JUDICIAL FORFEITURE IS SET ASIDE.section171.309.. FORFEITURE BY SECRETARY OF STATE.section171.310.. JUDICIAL PROCEEDING NOT REQUIRED FOR FORFEITURE BY SECRETARY OF STATE.section171.311.. RECORD OF FORFEITURE BY SECRETARY OF STATE.section171.312.. REVIVAL OF CHARTER OR CERTIFICATE OF AUTHORITY AFTER FORFEITURE BY SECRETARY OF STATE.section171.313.. PROCEEDING TO SET ASIDE FORFEITURE BY SECRETARY OF STATE.section171.314.. CORPORATE PRIVILEGES AFTER FORFEITURE BY SECRETARY OF STATE IS SET ASIDE.section171.315.. USE OF CORPORATE NAME AFTER REVIVAL OF CHARTER OR CERTIFICATE OF AUTHORITY.section171.316.. BANKING CORPORATIONS.section171.317.. SAVINGS AND LOAN ASSOCIATIONS.section171.351.. VENUE OF SUIT TO ENFORCE CHAPTER.section171.352.. AUTHORITY TO RESTRAIN OR ENJOIN.section171.353.. APPOINTMENT OF RECEIVER.section171.354.. AGENT FOR SERVICE OF PROCESS.section171.355.. SERVICE OF PROCESS ON SECRETARY OF STATE.section171.361.. PENALTY FOR DISCLOSURE OF INFORMATION ON REPORT.section171.362.. PENALTY FOR FAILURE TO PAY TAX OR FILE REPORT.section171.363.. WILFUL AND FRAUDULENT ACTS.section171.401.. REVENUE DEPOSITED IN GENERAL REVENUE FUND.section171.501.. REFUND FOR JOB CREATION IN ENTERPRISE ZONE.section171.0525.. EXEMPTION--CERTAIN INSURANCE COMPANIES.section171.551.. DEFINITIONS.section171.552.. ENTITLEMENT TO CREDIT.section171.553.. APPLICATION FOR AND ISSUANCE OF ALLOCATION CERTIFICATE.section171.554.. AMOUNT OF CREDITS; METHOD OF AWARD.section171.555.. APPORTIONMENT OF CREDIT.section171.556.. LENGTH OF CREDIT; LIMITATION.section171.557.. CARRY FORWARD OR BACKWARD.section171.558.. RECAPTURE.section171.559.. ALLOCATION OF CREDIT.section171.560.. FILING REQUIREMENTS AFTER ALLOCATION.section171.561.. APPLICATION FOR CREDIT.section171.562.. RULES; PROCEDURES.section171.563.. COMPLIANCE MONITORING.section171.564.. INCLUSION OF INFORMATION IN LOW INCOME HOUSING PLAN.section171.565.. EXPIRATION OF AUTHORITY TO ALLOCATE CREDITS.section171.566.. PRIORITY ALLOCATION FOR CERTAIN QUALIFIED DEVELOPMENTS.section171.601.. DEFINITION.section171.602.. TAX CREDIT FOR CLEAN ENERGY PROJECT.section171.801.. DEFINITIONS.section171.802.. ELIGIBILITY FOR CREDIT.section171.803.. CERTIFICATION AS ELIGIBLE ORGANIZATION.section171.804.. DUTIES OF ELIGIBLE ORGANIZATION.section171.805.. AMOUNT OF CREDIT; LIMITATION ON TOTAL CREDITS.section171.806.. CARRYFORWARD.section171.807.. APPLICATION FOR CREDIT.section171.808.. CREDIT FOR DESIGNATED CONTRIBUTION MADE BY MEMBER OF COMBINED GROUP OR TIERED PARTNERSHIP AGREEMENT.section171.809.. ASSIGNMENT PROHIBITED; EXCEPTION.section171.810.. FEES.section171.811.. RULES.section171.812.. EXPIRATION.section171.1011.. DETERMINATION OF TOTAL REVENUE FROM ENTIRE BUSINESS.section171.1012.. DETERMINATION OF COST OF GOODS SOLD.section171.1013.. DETERMINATION OF COMPENSATION.section171.1014.. COMBINED REPORTING; AFFILIATED GROUP ENGAGED IN UNITARY BUSINESS.section171.1015.. REPORTING FOR CERTAIN PARTNERSHIPS IN TIERED PARTNERSHIP ARRANGEMENT.section171.1016.. E-Z COMPUTATION AND RATE.section171.1055.. EXCLUSION OF CERTAIN RECEIPTS FOR MARGIN APPORTIONMENT.section171.1121.. GROSS RECEIPTS FOR MARGIN.section171.1532.. BUSINESS ON WHICH TAX ON NET TAXABLE MARGIN IS BASED.section171.2022.. EXEMPTION FROM REPORTING REQUIREMENTS.section171.2125.. CALCULATING COST OF GOODS OR COMPENSATION IN PROFESSIONAL EMPLOYER SERVICES ARRANGEMENTS.section171.2515.. FORFEITURE OF RIGHT OF TAXABLE ENTITY TO TRANSACT BUSINESS IN THIS STATE.section171.3015.. FORFEITURE OF CERTIFICATE OR REGISTRATION OF TAXABLE ENTITY.section171.3125.. REVIVAL OF CERTIFICATE OR REGISTRATION OF TAXABLE ENTITY AFTER FORFEITURE BY SECRETARY OF STATE.section171.4011.. ALLOCATION OF CERTAIN REVENUE TO PROPERTY TAX RELIEF FUND.section171.9201.. DEFINITION.section171.9202.. QUALIFIED RESEARCH EXPENSE.section171.9203.. ELIGIBILITY FOR CREDIT.section171.9204.. AMOUNT OF CREDIT.section171.9205.. CREDIT FOR CERTAIN TAXABLE ENTITIES THAT OWE NO TAX.section171.9206.. COMBINED REPORTING.section171.9207.. LIMITATION.section171.9208.. CARRYFORWARD.section171.9209.. ASSIGNMENT PROHIBITED.section171.9210.. APPLICATION FOR CREDIT.section171.9211.. RULES.section171.9212.. REPORTING OF ESTIMATES.section171.9213.. DEPOSIT OF CERTAIN REVENUE.section171.10131.. PROVISIONS RELATED TO CERTAIN MONEY RECEIVED FOR COVID-19 RELIEF.section171.10132.. PROVISIONS RELATED TO CERTAIN GRANTS RECEIVED FOR BROADBAND DEPLOYMENT IN TEXAS.