Sec. 152.024. TAX ON AN EVEN EXCHANGE OF MOTOR VEHICLES. (a) A tax is imposed on each party to a transaction involving the even exchange of two motor vehicles. (b) The tax on each party is $5. (c) No transfer of title in an even exchange shall be accomplished until the taxes have been paid. Acts 1981, 67th Leg., p. 1589, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Tax On An Even Exchange of Motor Vehicles
Tex. Tax Code § 152.024, under Taxes On Sale, Rental, and Use of Motor Vehicles.
Tex. Tax Code § 152.024