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Tex. Tax Code § 171.053

EXEMPTION--RAILWAY TERMINAL CORPORATION

Texas · Texas Tax Code · Status: effective

Business & Commerce
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Tex. Tax Code § 171.053, EXEMPTION--RAILWAY TERMINAL CORPORATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/575476
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A corporation organized as a railway terminal corporation and having no annual net income from its business is exempted from the franchise tax.