Texas Tax Code 171.083 – Exemption–Emergency Medical Service Corporation
Current as of: 2024 | Check for updates
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Terms Used In Texas Tax Code 171.083
- 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 that is organized for the sole purpose of and engages exclusively in providing emergency medical services, including rescue and ambulance services, is exempted from the franchise tax.