SB 101 (2021)
Increase threshold to file business taxes
This bill became law.
Last updated 2024-02-27 4:20 pm
Summary:
Increases the gross business income threshold for filing a Business Profits Tax (BPT) return from $50,000 to $75,000.
The House amended the bill to increase the threshold to $92,000 and allow for future increases based on the Consumer Price Index.
Status Detail:
Signed by Governor
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