Texas Utilities Code 41.161 – Tax Exemption
Current as of: 2024 | Check for updates
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Terms Used In Texas Utilities Code 41.161
- Property: means real and personal property. See Texas Government Code 311.005
Transactions involving the transfer and ownership of securitized property and the receipt of securitized charges are exempt from state and local income, sales, franchise, gross receipts, and other taxes or similar charges.