HF 399
Status in the House - 87th Legislature (2011 - 2012)
Companion:
None
Revisor number: 11-1575
Description
Foreign source income preferences eliminated, foreign royalties subtraction repealed, development subsidies taxed, domestic corporations definition expanded, JOBZ and biotechnology and health science industry zones modified, international economic development zones repealed, corporate franchise tax rates reduced, research credit repealed, and foreign operating corporations and special apportionment formula for mail order businesses repealed.