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Petition for Writ of Mandamus - Filed - Supreme Court of Texas

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TAX CODE CHAPTER 171. FRANCHISE TAX<br />

http://www.statutes.legis.state.tx.us/Docs/TX/htm/TX.171.htm<br />

Page 61 <strong>of</strong> 88<br />

6/25/2012<br />

Amended by:<br />

Acts 2006, 79th Leg., 3rd C.S., Ch. 1, Sec. 6, eff. January 1,<br />

2008.<br />

Sec. 171.158. PAYMENT BY FOREIGN TAXABLE ENTITY BEFORE<br />

WITHDRAWAL FROM STATE. (a) Except as provided by Subsection (b), a<br />

<strong>for</strong>eign taxable entity holding a registration or certificate <strong>of</strong><br />

authority to do business in this state may withdraw from doing<br />

business in this state by filing a certificate <strong>of</strong> withdrawal with the<br />

secretary <strong>of</strong> state. The secretary <strong>of</strong> state shall file the certificate<br />

<strong>of</strong> withdrawal as provided by law.<br />

(b) The <strong>for</strong>eign taxable entity may not withdraw from doing<br />

business in this state unless it has paid, be<strong>for</strong>e filing the<br />

certificate <strong>of</strong> withdrawal, any tax or penalty imposed by this chapter<br />

on the taxable entity.<br />

Acts 1981, 67th Leg., p. 1701, ch. 389, Sec. 1, eff. Jan. 1, 1982.<br />

Amended by:<br />

Acts 2006, 79th Leg., 3rd C.S., Ch. 1, Sec. 6, eff. January 1,<br />

2008.<br />

SUBCHAPTER E. REPORTS AND RECORDS<br />

Sec. 171.201. INITIAL REPORT. (a) Except as provided by<br />

Section 171.2022, a taxable entity on which the franchise tax is<br />

imposed shall file an initial report with the comptroller containing:<br />

(1) financial in<strong>for</strong>mation <strong>of</strong> the taxable entity necessary<br />

to compute the tax under this chapter;<br />

(2) the name and address <strong>of</strong>:<br />

(A) each <strong>of</strong>ficer, director, and manager <strong>of</strong> the<br />

taxable entity;<br />

(B) <strong>for</strong> a limited partnership, each general partner;<br />

(C) <strong>for</strong> a general partnership or limited liability<br />

partnership, each managing partner or, if there is not a managing<br />

partner, each partner; or<br />

(D) <strong>for</strong> a trust, each trustee;<br />

(3) the name and address <strong>of</strong> the agent <strong>of</strong> the taxable<br />

entity designated under Section 171.354; and<br />

(4) other in<strong>for</strong>mation required by the comptroller.

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