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Senate Bill 0290


Senate Bill 0290

ARCHIVE (2004)

Latest Information

 

DIGEST OF INTRODUCED BILL


Income tax apportionment formula. Provides that, for purposes of the Indiana adjusted gross income tax, business income is apportioned based on the sales factor. Eliminates the property factor and payroll factor that are currently also used in apportioning income.
    Current Status:
     In Committee - first House
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