Tex. Tax Code § 151.408 · Subchapter I. REPORTS, PAYMENTS, AND METHODS OF REPORTING
ACCOUNTING BASIS FOR REPORTS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A taxpayer whose regular books are kept on a cash basis, accrual basis, or some other generally recognized accounting basis that accurately reflects the operation of the business may file the tax reports required by this chapter on the same basis that is used for the taxpayer's regular books.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1570, ch. 389, Sec. 1, eff. Jan. 1, 1982.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.151.htm
- Text hash
- sha256 38dc5dda542d9125750296c5276e7418180b821c855faef95682a9bdc98f0219
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.