Item | Description | FY2011 | FY2012 | FY2013 |
---|---|---|---|---|
2.603 | Vanpool Credit
Business corporations are allowed a credit of 30% of the cost incurred during the taxable year for the purchase or lease of company shuttle vans used in the Commonwealth as part of an employer-sponsored ridesharing program. The shuttle vans must be used for transporting employees. Origin: M.G.L. c. 63, S. 31E Estimate: Negligible |
Negligible | Negligible | Negligible |
ORIGIN | |
IRC | Federal 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. |