HB 121 (2023)
Change from the water's edge method to worldwide combined reporting for BPT
Summary:
Changes the water's edge method of taxation for unitary business groups under the Business Profits Tax (BPT) to worldwide combined reporting starting in 2024.
Bill Sponsor:
Thomas "Tom" Schamberg
Status:
Public Hearing Date:
01/17/2023 10:30 am
Public Hearing Location:
LOB Room 202-204
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