Governor Deval Patrick's Budget Recommendation - House 2 Fiscal Year 2011

Governor's Budget Recommendation FY 2011

Corporate Excise Tax


Fiscal Year 2011 Corporate Excise Tax (in Millions)   (detail)
TAX EXPENDITURE
FY2009

FY2010

FY2011
2.000 - Exclusions from Gross Income 60.759.2 58.6
2.100 - Deferrals of Gross Income 0.10.1 0.1
2.200 - Deductions from Gross Income 181.3180.4 178.7
2.300 - Accelerated Deductions from Gross Income 303.4290.5 284.3
2.400 - Adjustments to Apportionment Formula 310.4307.9 318.5
2.500 - Exclusions from Property Component 143.8131.0 135.7
2.600 - Credits Against Tax 193.9203.2 201.8
2.700 - Entity Exempt from Taxation 6.24.2 3.4
TOTAL 1,199.8 1,176.5 1,181.1

top of page link top of page