Chapter 171 Of The Texas Tax Code. (a) an entity is a passive entity only if: Web tax code title 2.
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Paying off a loan by regular installments. Increase in rate requires voter approval. 2022 | check for updates | other versions. Section 171.0003, definition of passive entity. (1) 0.25 percent per year of privilege period of net taxable capital; Current as of april 14, 2021 | updated by findlaw staff. Web amended by acts 1993, 73rd leg., ch. Tx tax code § 171.0005 (2021) text of section effective until january 01, 2026. Web texas administrative code (tac) is a compilation of all state agency rules in texas. Welcome to findlaw's cases & codes, a free source of state and federal court opinions, state laws, and the united states code.
And (2) 4.5 percent of net taxable earned surplus. Tx tax code § 171.0005 (2021) text of section effective until january 01, 2026. Welcome to findlaw's cases & codes, a free source of state and federal court opinions, state laws, and the united states code. Paying off a loan by regular installments. A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. , but whose activities would qualify it for a specific exemption under tax code, chapter 171, subchapter b, if it were a corporation, may qualify for the exemption from the tax in the same manner and under the same conditions. Web statutes title 2, state taxation; (1) the entity is a general or limited partnership or a trust, other than a business trust; Section 171.0003, definition of passive entity. (1) 0.25 percent per year of privilege period of net taxable capital; Increase in rate requires voter approval.
