- Corporate Income Tax – Combined Reporting and Subtraction Modification for Combined Groups of Corporations
- Sponsored by
- Delegate Lehman
- In the House - Hearing 1/28 at 1:30 p.m.
Requiring affiliated 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 the water's edge 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.
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2022
Last Updated: 1/11/2021 4:51 PM