Providing that for a specified amount of income distributed to specified members of an S corporation, specified partnerships, a limited liability company, or specified trusts, the State income tax rate is 2.875% and the county income tax rate may not exceed 1.6%; applying the Act to taxable years beginning after December 31, 2013; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2014
|Date Posted||Document Name|
|1/30/2014||Text - First - Income Tax - Pass-Through Entity - Maximum Rate|
( 10-105, 10-106 )
Last Updated: 2/3/2020 2:29 PM