Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2014

1.103 -Exemption of Earnings on Stock Bonus Plans or Profit Sharing Trusts


Item DescriptionFY2012 FY2013 FY2014
1.103 Exemption of Earnings on Stock Bonus Plans or Profit Sharing Trusts
Investment income earned by stock bonus plans or profit sharing trusts is not taxed currently for employees.

Origin:  M.G.L. c. 62, S. 5(b)
Estimate:  N.A.
N.A. N.A. N.A.

Key:

ORIGIN  
IRCFederal Internal Revenue Code (26 U.S.C.)
U.S.C United States Code
M.G.L. Massachusetts General Laws
Rev. Rul.; C.B. Revenue Ruling; Cumulative Bulletin of the U.S. Treasury
ESTIMATES All estimates are in $ millions.


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