Requiring a certain worldwide headquartered company, if the company's parent corporation is a franchisor, to employ at the parent corporation's principal executive office in the State at least 400 full-time employees at all times between July 1, 2017, and June 30, 2020, in order to elect to use a certain formula to apportion certain income to the State for purposes of the income tax on corporations; and providing for the application of the Act.
Bill File Type: Regular
Effective Date(s): July 1, 2019
( 10-402 )
Last Updated: 2/3/2020 2:35 PM