Sec. 23.106. FRANCHISE TAXES. A corporation formed under this subchapter is not subject to or required to pay a franchise tax, except that a corporation is exempt from the franchise tax imposed by Chapter 171, Tax Code, only if the corporation is exempted by that chapter. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Franchise Taxes
Tex. Business Organizations Code § 23.106, under Chapter 23.
Tex. Business Organizations Code § 23.106