Requiring affiliated retail trade and food services corporations with multiple locations to compute Maryland taxable income using a combined reporting method; requiring, subject to regulations, certain groups of retail trade and food services corporations to file income tax returns reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to report to the General Assembly by March 31 each year an estimate of the total additional tax revenue resulting from the combined reporting method; etc.
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2019
( 10-402.1, 10-402.2, 10-811 )
Last Updated: 2/3/2020 2:32 PM