Legislation

Requiring that certain sales of tangible personal property be included in the numerator of the sales factor used for apportioning a corporation's income to the State under certain circumstances; requiring certain 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 a certain method; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2020

History

Legislation History
Chamber Senate Calendar Date 1/22/2020 Legislative Date 1/22/2020 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 1/22/2020 Legislative Date 1/22/2020 Action Hearing 1/29 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Corporate Tax Fairness Act of 2020 Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/22/2020	1/22/2020	First Reading Budget and Taxation
Senate	1/22/2020	1/22/2020	Hearing 1/29 at 1:00 p.m.
			Text - First - Corporate Tax Fairness Act of 2020

File Code

Subjects

Statutes