Governor Deval Patrick's Budget Recommendation - House 2 Fiscal Year 2011

Governor's Budget Recommendation FY 2011

Exclusions from Gross Income


Fiscal Year 2010 Resource Summary (in Millions)
TAX EXPENDITURE FY2009 FY2010 FY2011
Exclusions from Gross Income 60.7 59.2 58.6

View tax item language

item description amount
Exclusions from Gross Income 58.6
2.001 Small Business Corporations 58.6
2.002 Exemption of Income from the Sale, Lease or Transfer of Certain Patents N.A.

Key:

ORIGIN  
IRCFederal Internal Revenue Code (26 U.S.C.)
M.G.L. Massachusetts General Laws
U.S.C United States Code
ESTIMATES All estimates are in $ millions.


top of page link top of page