Bill Text: CT HB05095 | 2016 | General Assembly | Introduced
Bill Title: An Act Repealing Mandatory Combined Reporting.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2016-02-09 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05095 Detail]
Download: Connecticut-2016-HB05095-Introduced.html
General Assembly |
Proposed Bill No. 5095 |
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February Session, 2016 |
LCO No. 215 | ||||
*00215* | |||||
Referred to Committee on FINANCE, REVENUE AND BONDING |
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Introduced by: |
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REP. SAMPSON, 80th Dist. |
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AN ACT REPEALING MANDATORY COMBINED REPORTING.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to repeal mandatory combined reporting for the purposes of calculating a business' corporate income tax, otherwise known as the unitary tax.
Statement of Purpose:
To repeal mandatory combined reporting for the purposes of calculating a business' corporate income tax.