Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2010

Governor's Budget Recommendation FY 2010

Corporate Excise Tax


Fiscal Year 2010 Corporate Excise Tax (in Millions)   (detail)
TAX EXPENDITURE
FY2008

FY2009

FY2010
2.000 - Exclusions from Gross Income 74.973.1 73.1 70.7
2.100 - Deferrals of Gross Income 0.10.1 0.1 0.1
2.200 - Deductions from Gross Income 140.9140.1 140.1 140.6
2.300 - Accelerated Deductions from Gross Income 283.9320.3 320.3 333.5
2.400 - Adjustments to Apportionment Formula 305.9293.6 293.6 301.9
2.500 - Exclusions from Property Component 153.9161.9 161.9 168.6
2.600 - Credits Against Tax 236.7292.6 292.6 287.9
2.700 - Entity Exempt from Taxation 3.63.8 3.8 3.9
TOTAL 1,199.9 1,285.5 1,307.2

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