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House Bill 1707


House Bill 1707

ARCHIVE (2005)

Latest Information

 

DIGEST OF INTRODUCED BILL


Add back of interest and intangible expenses. Requires a corporation, for the purposes of computing state adjusted gross income tax, to add back deductions taken on the corporation's federal income tax return for certain interest and intangible expenses incurred in a transaction with a related business. (The introduced version of this bill was prepared by the interim study committee on corporate taxation.)
Current Status:
 In Committee - first House
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