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Although Providing Water for “Public Use,” Corporation Was Not Entitled to Tax Exemption
Publication year - 1985
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1985.tb05516.x
Subject(s) - corporation , tax exemption , business , law and economics , law , finance , economics , political science
A Texas appellate court found that although a water corporation was providing water for “public use,” it was not entitled to an exemption from taxation because its members could sell their memberships at a premium.