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
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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
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SB 1090, Original Filed Version (Current Bill Version) Posted 1/7/2010 at 9:21 AM
Bill Text: Web Page | PDF Analyses: None Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 220.131 Adjusted federal income; affiliated groups. 220.153