Governor Deval Patrick's Budget Recommendation - House 2 Fiscal Year 2013

Governor's Budget Recommendation FY 2013

Exclusions from Gross Income


Fiscal Year 2013 Resource Summary (in Millions)
TAX EXPENDITURE FY2011 FY2012 FY2013
Exclusions from Gross Income 72.2 71.3 71.0

View tax item language

item description amount
Exclusions from Gross Income 71.0
2.001 Small Business Corporations 71.0
2.002 Exemption of Income from the Sale, Lease or Transfer of Certain Patents negligible

Key:

ORIGIN  
IRCFederal Internal Revenue Code (26 U.S.C.)
M.G.L. Massachusetts General Laws
U.S.C United States Code
ESTIMATES All estimates are in $ millions.


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