Tex. Tax Code § 171.055
This is the official text of Tex. Tax Code § 171.055, part of Texas’s Tax Code — governs state and local taxation.
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§ 171.055. EXEMPTION--OPEN-END INVESTMENT COMPANY.
Official statutory text
An open-end investment company, as defined by the Investment Company Act of 1940 (15 U.S.C. Section 80a-1 et seq.), that is subject to that Act and that is registered under The Securities Act (Title 12, Government Code) is exempted from the franchise tax.
Status: in_force · Read it on the official government site
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