Governor Charles D. Baker's Budget Recommendation - House 1 Fiscal Year 2016

Corporate Excise Tax


Fiscal Year 2016 Corporate Excise Tax (in Millions)   (detail)
TAX EXPENDITURE
FY2012

FY2013

FY2014

FY2015

FY2016
2.000 - Exclusions from Gross Income 84.2 98.4 99.6 97.2 100.3
2.100 - Deferrals of Gross Income 0.8 0.8 0.8 0.8 0.8
2.200 - Deductions from Gross Income 183.7 200.1 200.1 193.2 199.5
2.300 - Accelerated Deductions from Gross Income 324.2 351.4 353.9 346.6 369.0
2.400 - Adjustments to Apportionment Formula 372.1 405.5 405.3 390.9 403.6
2.500 - Exclusions from Property Component 214.3 233.5 233.4 225.1 232.4
2.600 - Credits Against Tax 419.8 467.7 454.3 509.1 540.9
2.700 - Entity Exempt from Taxation 6.9 6.4 5.9 6.6 6.8
TOTAL 1,606.0 1,763.8 1,753.3 1,769.5 1,853.3

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