Tex. Tax Code Section 201.103
Value if Consideration Includes Extracts


If the consideration for the sale of gas includes products extracted from the gas, a portion of the residue gas, or both, the tax shall be computed on the gross value of all things of value received by the producer, including a bonus or premium.
Acts 1981, 67th Leg., p. 1730, ch. 389, Sec. 1, eff. Jan. 1, 1982.

Source: Section 201.103 — Value if Consideration Includes Extracts, https://statutes.­capitol.­texas.­gov/Docs/TX/htm/TX.­201.­htm#201.­103 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 201.103’s source at texas​.gov