Governor Charles D. Baker's Budget Recommendation - House 2 Fiscal Year 2017

Corporate Excise Tax


Fiscal Year 2017 Corporate Excise Tax (in Millions)   (detail)
TAX EXPENDITURE
FY2013

FY2014

FY2015

FY2016

FY2017
2.000 - Exclusions from Gross Income 86.1 84.9 87.7 90.7 91.7
2.100 - Deferrals of Gross Income 0.9 0.9 0.9 0.9 0.9
2.200 - Deductions from Gross Income 166.5 169.5 177.1 189.5 195.1
2.300 - Accelerated Deductions from Gross Income 358.9 367.4 398.9 411.4 414.2
2.400 - Adjustments to Apportionment Formula 355.2 360.0 364.8 369.7 374.7
2.500 - Exclusions from Property Component 228.8 244.9 261.4 279.1 298.0
2.600 - Credits Against Tax 450.6 449.5 538.4 561.9 578.1
2.700 - Entity Exempt from Taxation 5.1 4.4 4.9 5.1 5.4
TOTAL 1,652.1 1,681.5 1,834.1 1,908.3 1,958.1

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