Form 50-113 Application for Exemption of Goods Exported From Texas (Freeport Exemption) - Texas

What Is Form 50-113?

This is a legal form that was released by the Texas Comptroller of Public Accounts - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 50-113?
A: Form 50-113 is the Application for Exemption of Goods Exported From Texas (Freeport Exemption).

Q: What is the purpose of Form 50-113?
A: The purpose of Form 50-113 is to apply for the Freeport Exemption, which provides an exemption from ad valorem taxation on eligible goods that are exported from Texas within 175 days of their acquisition or production.

Q: Who can file Form 50-113?
A: Any person or entity that meets the eligibility requirements for the Freeport Exemption can file Form 50-113.

Q: What are the eligibility requirements for the Freeport Exemption?
A: To be eligible for the Freeport Exemption, the goods must be acquired or produced in Texas, be in Texas for a temporary period, and be transported out of Texas within 175 days of acquisition or production.