as introduced - 87th Legislature (2011 - 2012) Posted on 03/09/2011 09:57am
|Introduction||Posted on 03/09/2011|
A bill for an act
relating to taxation; corporate franchise; reducing rate; amending Minnesota
Statutes 2010, section 290.06, subdivision 1.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2010, section 290.06, subdivision 1, is amended to read:
The franchise tax imposed upon
corporations shall be computed by applying to their taxable income the rate of deleted text begin9.8deleted text endnew text beginnew text end percent.
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