MD HB639 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on February 1 2017 - 25% progression, died in committee
Action: 2017-02-22 - Hearing 2/22 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 1 2017 - 25% progression, died in committee
Action: 2017-02-22 - Hearing 2/22 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring that specified sales of tangible personal property be attributed to the State for apportionment purposes under the corporate income tax if the corporation is not taxable in the state of the purchaser; and applying the Act to taxable years beginning after December 31, 2016.
Title
Corporate Income Tax - Throwback Rule
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-02-22 | House | Hearing 2/22 at 1:00 p.m. |
| 2017-02-01 | House | First Reading Ways and Means |
