- (a) Effective Date. The provisions of this section apply to franchise tax reports originally due on or after January 1, 2008.
- (b) Notice of intent. The notice of intent to preserve the right to claim the temporary credit under Tax Code, §171.111, must be submitted to the comptroller on forms specified by the comptroller. The form must be filed on or before September 1, 2007. The postmark date (or meter-mark date, if there is no postmark) on the envelope in which the form is received determines the date of filing. The preservation of the right to claim the credit may not be conveyed, assigned, or transferred to another entity.
Source Note:The provisions of this §3.594 adopted to be effective February 1, 2007, 32 TexReg 332.