FirenzeCapitalAdvisorsOct 16, 20231 min readTexas: Settlement Payment Deemed for Tort Damages and Thus Not Deductible as COGS for Franchise Tax Case No. 13-21-00335-CV, Tex. Ct. App. (10/19/23). The Texas Thirteenth Court of Appeals (Corpus Christi – Edinburg) affirmed that an oil...