Corporate Excise Tax

Fiscal Year 2014 Corporate Excise Tax (in Millions)   (detail)
TAX EXPENDITURE
FY2012

FY2013

FY2014
2.000 - Exclusions from Gross Income 86.993.9 98.6
2.100 - Deferrals of Gross Income 1.01.0 1.0
2.200 - Deductions from Gross Income 150.6164.0 171.6
2.300 - Accelerated Deductions from Gross Income 160.1218.6 301.1
2.400 - Adjustments to Apportionment Formula 279.8302.7 319.2
2.500 - Exclusions from Property Component 192.8214.4 222.0
2.600 - Credits Against Tax 441.9482.5 508.4
2.700 - Entity Exempt from Taxation 7.06.1 5.9
TOTAL 1,320.1 1,483.2 1,627.8