A nonprofit corporation organized to provide places of burial is exempted from the franchise tax.
Official text of the Texas Tax Code as published by the Texas Legislative Council.
Tax Code › Title 2 › Chapter 171 › Subchapter B
Texas Tax Code § 171.059
Franchise Tax · Exemptions
A nonprofit corporation organized to provide places of burial is exempted from the franchise tax.
Official text of the Texas Tax Code as published by the Texas Legislative Council.
Acts 1981, 67th Leg., p. 1694, ch. 389, Sec. 1, eff. Jan. 1, 1982.