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 Became Law?:
No
Status:
Status Detail:
Killed in the House
Public Hearing Date:
01/17/2023 10:30 am
Public Hearing Location:
LOB Room 202-204
House Voting Date:
01/03/2024
