CONSIDERATION OF TAXES
Applied in 1 court decision — leading case Quijano v. Quijano (2011)
Most recently applied in Quijano v. Quijano (July 2011)
Added by Acts 2005, 79th Leg., Ch. 168 (H.B. 203), Sec. 1, eff
In ordering the division of the estate of the parties to a suit for dissolution of a marriage, the court may consider:
(1) whether a specific asset will be subject to taxation; and
(2) if the asset will be subject to taxation, when the tax will be required to be paid.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.