Sec. 152.024. TAX ON AN EVEN EXCHANGE OF MOTOR VEHICLES. (a) A tax is imposed on each party to a transaction involving the even exchange of two motor vehicles.
(b) The tax on each party is $5.
(c) No transfer of title in an even exchange shall be accomplished until the taxes have been paid.
Acts 1981, 67th Leg., p. 1589, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Structure Texas Statutes
Subtitle E - Sales, Excise, and Use Taxes
Chapter 152 - Taxes on Sale, Rental, and Use of Motor Vehicles
Subchapter B. Imposition of Tax
Section 152.021. Retail Sales Tax
Section 152.0215. Texas Emissions Reduction Plan Surcharge
Section 152.022. Tax on Motor Vehicle Purchased Outside This State
Section 152.023. Tax on Motor Vehicle Brought Into State by New Texas Resident
Section 152.024. Tax on an Even Exchange of Motor Vehicles
Section 152.025. Tax on Gift of Motor Vehicle
Section 152.026. Tax on Gross Rental Receipts
Section 152.027. Tax on Metal Dealer Plates
Section 152.028. Use Tax on Motor Vehicle Brought Back Into State