Tex. Tax Code § 152.024 – Tax on an Even Exchange of Motor Vehicles | Midpage

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Texas Statutes

§ 152.024

Tex. Tax Code § 152.024

Tax on an Even Exchange of Motor Vehicles

Effective Jan 1, 1982Acts 1981, 67th Leg., p. 1589, ch. 389

(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.