Corporate Income Tax - Rate Reduction
Sponsor: Delegate ReadyCommittee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 2/19 at 1:00 p.m. (as of Oct 24, 2013)
What this bill does
Official synopsis
Reducing the State corporate income tax rate from 8.25% to 4% of Maryland taxable income of up to $1,500,000 and to 7.25% in excess of $1,500,000 for taxable years after 2012.
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Testimony (0)
MGA witness listNo witness list on file. It is scraped after hearings are scheduled; check the MGA link above.