§ 171.651 Definitions
§ 171.652 Eligibility for Credit
§ 171.653 Ineligibility for Credit for Certain Periods
§ 171.654 Amount of Credit
§ 171.655 Attribution of Expenses Following Transfer of Controlling Interest
§ 171.656 Combined Reporting
§ 171.657 Burden of Establishing Credit
§ 171.658 Limitations
§ 171.659 Carryforward
§ 171.660 Assignment Prohibited
§ 171.661 Application for Credit
§ 171.662 Rules
§ 171.663 Reporting of Estimates and Collection of Information
§ 171.664 Deposit of Certain Revenue
§ 171.665 Expiration
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Terms Used In Texas Tax Code Chapter 171 > Subchapter M - Tax Credit for Certain Research and Development Activities

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Comptroller: means the Comptroller of Public Accounts of the State of Texas. See Texas Tax Code 1.04
  • Contract: A legal written agreement that becomes binding when signed.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Property: means real and personal property. See Texas Government Code 311.005
  • Tax year: means the calendar year. See Texas Tax Code 1.04
  • Year: means 12 consecutive months. See Texas Government Code 311.005