Texas § FI.271.002 - REPORTING REQUIREMENT FOR CASH RECEIPTS OF MORE THAN
Full text of Texas The Texas Constitution § FI.271.002 — REPORTING REQUIREMENT FOR CASH RECEIPTS OF MORE THAN, with citation guidance and answers to common questions.
§ FI.271.002. REPORTING REQUIREMENT FOR CASH RECEIPTS OF MORE THAN
REPORTING REQUIREMENT FOR CASH RECEIPTS OF MORE THAN $10,000. (a) A person engaged in a trade or business who, in the course of the trade or business, receives more than $10,000 in one transaction or in two or more related transactions in this state and who is required to file a return under Section 6050I, Internal Revenue Code of 1986 (26 U.S.C. Section 6050I), or 26 C.F.R. Section 1.6050I-1, and their subsequent amendments, shall file a copy of the return with the attorney general. (b) A person who timely files the return described by Subsection (a) with the appropriate federal agency as required by federal law complies with that subsection unless the attorney general: (1) notifies the person that the return is not of a type that is regularly and comprehensively transmitted by the federal agency to the attorney general; and (2) requests that the person provide the attorney general with a copy of the return. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 344, Sec. 2.029, eff. Sept. 1, 1999.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.271.002
What does The Texas Constitution § FI.271.002 cover?
Section FI.271.002 ("REPORTING REQUIREMENT FOR CASH RECEIPTS OF MORE THAN") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.271.002?
A common citation format is "The Texas Constitution § FI.271.002" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.271.002 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.