Texas Justices To Hear Importer's Tax-Free Zone Claim

By Daniel Tay (August 30, 2019, 6:55 PM EDT) -- A crude oil importer storing products in a local tax-free "subzone" can challenge a lower court ruling that the subzone operator's corporate structure change caused the importer to lose access to the subzone's tax exemptions, the Texas high court said Friday.

A petrochemical facility near the Houston Ship Channel. A Texas appeals court ruled in 2017 that a foreign trade "subzone" lost its tax-exempt status for local property tax purposes through a merger involving its operator. (AP) The Texas Supreme Court granted PRSI Trading LLC's request for review of a 2-1 ruling in 2017 by a lower appeals court in favor of Harris...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!