HB 1607 (2010)
This bill became law.
Last updated 2024-02-27 3:31 pm
Summary:
Establishes certain requirements for the reasonable compensation deduction under the business profits tax. The bill creates a committee to study safe harbors and taxation of investment organizations.
This bill also deletes a provision subjecting to taxation certain income accumulated in trust for the benefit of unborn or unascertained persons.
Status Detail:
Signed by Governor
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