Sec. 171.051. APPLICATION FOR EXEMPTION; EFFECTIVE DATE. (a) Except as provided by Subsection (c) of this section, a corporation may apply for an exemption under this subchapter by filing with the comptroller, as provided by the rules of the comptroller, evidence of the corporation's qualifications for the exemption.
(b) If a corporation files the evidence establishing the corporation's qualifications for an exemption within 15 months after the last day of the calendar month in which the corporation's charter or certificate of authority is dated, the exemption is recognized, if it is finally established, as of the date of the charter or certificate.
(c) The exemption provided by Section 171.063 of this code must be established as provided by that section, but a corporation may apply for and receive other exemptions as provided by this section.
(d) Neither this section nor Section 171.063 of this code requires a corporation that was granted a franchise tax exemption before September 1, 1975, that was entitled to the exemption on September 1, 1975, and that has held the exemption since that date, to file an additional application, report, letter of exemption, or other evidence of qualification for that exemption.
Acts 1981, 67th Leg., p. 1693, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Structure Texas Statutes
Section 171.051. Application for Exemption; Effective Date
Section 171.052. Certain Corporations
Section 171.0525. Exemption--Certain Insurance Companies
Section 171.053. Exemption--Railway Terminal Corporation
Section 171.055. Exemption--Open-End Investment Company
Section 171.056. Exemption--Corporation With Business Interest in Solar Energy Devices
Section 171.057. Exemption--Nonprofit Corporation Organized to Promote County, City, or Another Area
Section 171.058. Exemption--Nonprofit Corporation Organized for Religious Purposes
Section 171.059. Exemption--Nonprofit Corporation Organized to Provide Burial Places
Section 171.060. Exemption--Nonprofit Corporation Organized for Agricultural Purposes
Section 171.061. Exemption--Nonprofit Corporation Organized for Educational Purposes
Section 171.062. Exemption--Nonprofit Corporation Organized for Public Charity
Section 171.063. Exemption-Nonprofit Corporation Exempt From Federal Income Tax
Section 171.064. Exemption--Nonprofit Corporation Organized for Conservation Purposes
Section 171.066. Exemption--Nonprofit Corporation Involved With City Natural Gas Facility
Section 171.068. Exemption--Nonprofit Corporation Organized to Provide Cooperative Housing
Section 171.069. Exemption--Marketing Associations
Section 171.070. Exemption--Lodges
Section 171.071. Exemption--Farmers' Cooperative Society
Section 171.072. Exemption--Housing Finance Corporation
Section 171.073. Exemption--Hospital Laundry Cooperative Association
Section 171.074. Exemption--Development Corporation
Section 171.075. Exemption--Cooperative Association
Section 171.076. Exemption--Cooperative Credit Association
Section 171.077. Exemption--Credit Union
Section 171.079. Exemption--Electric Cooperative Corporation
Section 171.080. Exemption--Telephone Cooperative Corporations
Section 171.081. Exemption--Corporation Exempt by Another Law
Section 171.082. Exemption--Certain Homeowners' Associations
Section 171.083. Exemption--Emergency Medical Service Corporation
Section 171.084. Exemption--Certain Trade Show Participants
Section 171.085. Exemption; Recycling Operation
Section 171.086. Exemption: Political Subdivision Corporation
Section 171.088. Exemption--Noncorporate Entity Eligible for Certain Exemptions