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HB 121 (2023)

Change from the water's edge method to worldwide combined reporting for BPT


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
Public Hearing Date:
01/17/2023 10:30 am
Public Hearing Location:
LOB Room 202-204

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