Texas Statutes
Chapter 171 - Franchise Tax
Subchapter A. Definitions; Tax Imposed

Section 171.0001. General Definitions - Sec. 171.0001. GENERAL DEFINITIONS. In this chapter: (1) "Affiliated group"...

Section 171.0002. Definition of Taxable Entity - Sec. 171.0002. DEFINITION OF TAXABLE ENTITY. (a) Except as otherwise...

Section 171.0003. Definition of Passive Entity - Sec. 171.0003. DEFINITION OF PASSIVE ENTITY. (a) An entity is...

Section 171.0004. Definition of Conducting Active Trade or Business - Sec. 171.0004. DEFINITION OF CONDUCTING ACTIVE TRADE OR BUSINESS. (a)...

Section 171.0005. Definition of New Veteran-Owned Business - Text of section effective until January 01, 2026 Sec. 171.0005....

Section 171.001. Tax Imposed - Sec. 171.001. TAX IMPOSED. (a) A franchise tax is imposed...

Section 171.0011. Additional Tax - Sec. 171.0011. ADDITIONAL TAX. (a) Except as provided by Section...

Section 171.002. Rates; Computation of Tax - Sec. 171.002. RATES; COMPUTATION OF TAX. (a) Subject to Sections...

Section 171.003. Increase in Rate Requires Voter Approval - Sec. 171.003. INCREASE IN RATE REQUIRES VOTER APPROVAL. (a) An...

Section 171.006. Adjustment of Eligibility for No Tax Due, Discounts, and Compensation Deduction - Sec. 171.006. ADJUSTMENT OF ELIGIBILITY FOR NO TAX DUE, DISCOUNTS,...