Texas Tax Code 160.025 – Credit for Other Taxes
Current as of: 2024 | Check for updates
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Terms Used In Texas Tax Code 160.025
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
A person is entitled to a credit against the tax imposed by § 160.022 on a taxable boat or motor in an amount equal to the amount of any similar tax paid by the person in another state on the sale, purchase, or use of the taxable boat or motor if the state in which the tax was paid provides a similar credit for a taxpayer of this state.