Corporate Excise Tax

Fiscal Year 2012 Corporate Excise Tax (in Millions) (detail)
TAX EXPENDITURE	FY2010	FY2011	FY2012
2.000 - Exclusions from Gross Income	69.6	76.0	75.2
2.100 - Deferrals of Gross Income	0.1	0.1	0.1
2.200 - Deductions from Gross Income	161.2	155.1	153.7
2.300 - Accelerated Deductions from Gross Income	279.7	290.7	298.6
2.400 - Adjustments to Apportionment Formula	304.7	320.7	340.0
2.500 - Exclusions from Property Component	140.7	148.2	158.6
2.600 - Credits Against Tax	183.1	233.4	229.3
2.700 - Entity Exempt from Taxation	3.5	3.4	3.0
TOTAL	1,142.6	1,227.6	1,258.5

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