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SB 377

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Corporate Income Tax - Combined Reporting

Sponsor: Senator PinskyCommittee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 2/20 at 1:00 p.m. (as of Sep 19, 2019)

What this bill does

Official synopsis

Requiring certain corporations to compute Maryland taxable income using a certain combined reporting method; authorizing certain corporations, subject to regulations adopted by the Comptroller, to determine certain income using a certain method; requiring, subject to regulations adopted by the Comptroller, certain groups of corporations to file a combined income tax return reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to adopt certain regulations; etc.

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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.