Minnesota Legislature
HF 2444
Status in the House for the 87th Legislature (2011 - 2012)
Description
Foreign source income preferences eliminated, foreign royalty subtraction repealed, domestic corporation definition expanded, JOBZ tax benefits modified, corporate franchise tax rates reduced, income apportionment modified, foreign operating corporations repealed, special apportionment formula repealed for mail order businesses, Minnesota Science and Technology Authority expanded, public research infrastructure grant program established, expanded research plan required, and public postsecondary research partnership established.