SB 1090: Corporate Income Tax [WPSC]
GENERAL BILL by Ring
Corporate Income Tax [WPSC]; Provides for the apportionment of certain taxpayer's adjusted federal income solely by the sales factor provided in a specified provision. Provides for eligibility based on the taxpayer's capital expenditures and number of full-time employees. Authorizes the DOR to examine and verify that a taxpayer has correctly apportioned its taxes. Authorizes the OTTED to approve and revoke approval of an application, etc.
Effective Date: 07/01/2010
Last Action: 4/30/2010 Senate - Died in Committee on Commerce
Bill Text: Web Page | PDF
Last Action: 4/30/2010 Senate - Died in Committee on Commerce
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/7/2010 | Senate |
• Filed |
| 1/20/2010 | Senate |
• Referred to Commerce; Finance and Tax; General Government Appropriations; Policy & Steering Committee on Ways and Means |
| 3/2/2010 | Senate |
• Introduced, referred to Commerce; Finance and Tax; General Government Appropriations; Policy & Steering Committee on Ways and Means -SJ 00077 |
| 4/30/2010 | Senate |
• Died in Committee on Commerce |