Texas Tax Code 171.064 – Exemption–Nonprofit Corporation Organized for Conservation Purposes
Current as of: 2024 | Check for updates
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Terms Used In Texas Tax Code 171.064
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A nonprofit corporation organized solely to educate the public about the protection and conservation of fish, game, other wildlife, grasslands, or forests is exempted from the franchise tax.