Bill Text: CT HB05179 | 2010 | General Assembly | Introduced
Bill Title: An Act Concerning Unitary Reporting For Corporate Taxes.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2010-02-11 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05179 Detail]
Download: Connecticut-2010-HB05179-Introduced.html
General Assembly |
Proposed Bill No. 5179 |
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February Session, 2010 |
LCO No. 724 | ||||
Referred to Committee on Finance, Revenue and Bonding |
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Introduced by: |
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REP. O'BRIEN, 24th Dist. |
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AN ACT CONCERNING UNITARY REPORTING FOR CORPORATE TAXES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to require corporations to report their income together with all other associated corporations and pay their corporate income taxes based on the greater of these "unitary" reports or their liability as separate corporations.
Statement of Purpose: