SB 101 (2021)
Increase threshold to file business taxes
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.
Bill Became Law?:
Yes
Status Detail:
Signed by Governor
