P r o p e r t y T a x
A p p l i c a t i o n f o r E x e m p t i o n o f G o o d s E x p o r t e d f r o m Te x a s
Form 50-113
STEP 3: Authorized Agent’s Name
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Authorized Agent’s Name (if different for above)
____________________________________________________________________________________________________
Mailing Address
______________________________________________________________________
____________________________
City, State, ZIP Code
Phone (area code and number)
STEP 4: Describe the Property for Which You are Seeking an Exemption
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Appraisal District Account Number (if known) (Or attach tax bill or copy of appraisal or tax office correspondence concerning this account. If unavailable, give the street address
at which the property is located)
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Location of Inventory (street address, city, ZIP code)
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Give a general description of the types of items in this inventory. (use additional sheets if necessary)
STEP 5: Answer these Questions About Your Property
For the purposes of this application, “inventory” means your inventory of finished goods, supplies, raw materials and work in progress.
Will portions of this inventory be transported out of state this year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Have you applied for appraisal of your inventory on September 1? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Were portions of your inventory transported out of this state throughout last year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
If “No,” because inventory transported only part of year, give the months during which portions of your inventory were transported out of the state last year.
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1. Give the total cost of goods sold for the entire year ending December 31,
________
. . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
__________________________
2. Give the total cost of goods sold that were shipped out of Texas within 175 days of the date you acquired them in or
brought them into Texas last year, less the cost of any goods, raw materials or supplies incorporated into them that were
not eligible for the freeport exemption or were in Texas more than 175 days.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
__________________________
3. On what types of records do you base the amounts given above? (Check as many as apply.)
Audited financial statement
Sales records
Internal reports
Bills of lading
Texas franchise tax reports
Other (describe)
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4. Percentage of last year’s value represented by freeport goods (divide 2 by 1).
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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%
5. Will the percentage of goods transported out of Texas this year be significantly different than the
percentage transported out last year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
6. If “Yes,” why?
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____________________________________________________________________________________________________________________________
7. What was the market value of your inventory on January 1 of this year (or September 1 of last year, if you have
qualified for September 1 inventory appraisal)?
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
__________________________
8. What is the value of the inventory you claim will be exempt this year
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
__________________________
STEP 6: Read, Sign, and Date
By signing this application, you certify that the information provided in this application and all attachments is true and correct to the best of your knowledge and belief.
______________________________________________________________________
____________________________
Authorized Signature
Date
______________________________________________________________________
Title
If you make a false statement on this application, you could be found guilty of a Class A misdemeanor or a state jail felony under Section 37.10, Penal Code.
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