MD SB538 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 31 2018 - 25% progression, died in committee
Action: 2018-02-27 - Hearing 2/27 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 31 2018 - 25% progression, died in committee
Action: 2018-02-27 - Hearing 2/27 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring that certain 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; applying the Act to taxable years beginning after December 31, 2017; etc.
Title
Corporate Income Tax - Throwback Rule
Sponsors
| Sen. Paul Pinsky [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-27 | Senate | Hearing 2/27 at 1:00 p.m. |
| 2018-01-31 | Senate | First Reading Budget and Taxation |
