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HB 1051

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Corporate Income Tax - Throwback Rule

Sponsor: Delegate Young, P.Committee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 2/28 at 1:00 p.m. (as of Nov 1, 2018)

What this bill does

Official synopsis

Requiring that certain sales of tangible personal property be attributed to the State for apportionment purposes under the corporate income tax if the corporation is not taxable in the state of the purchaser; and applying the Act to taxable years beginning after December 31, 2017.

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Testimony (0)

MGA witness list
No witness list on file. It is scraped after hearings are scheduled; check the MGA link above.