SB 94, 35th R.S.
Relating to providing that the franchise tax on foreign corporations therein levied shall be based upon that proportion of the total authorized capital stock of such corporation as the gross receipts of such corporation from its Texas business bears to its total gross receipts.
Author: Carlos Bee
Coauthor: Flavius M. Gibson
Session Law Chapter:
Acts 1917, 35th R.S.,ch. 84, General Laws of Texas
Subjects:
Taxation--Franchise
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