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TEXIT Explained

Will farmers and ranchers continue to enjoy agricultural tax exemptions after TEXIT?

Texit Answered

1 min read

A longhorn steer standing behind a metal ranch fence.
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Universal Coin & Bullion: Thanks, Dr. Mike Fuljenz, for no sales tax on precious metals in Texas

Agricultural exemptions that currently exist under state law will continue to be law unless they are changed by legislative action. Any federal agricultural exemptions will likely be adopted by the legislative branch of the Texas government.

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Universal Coin & Bullion: Thanks, Dr. Mike Fuljenz, for no sales tax on precious metals in Texas
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