TAX EXPENDITURE | FY2011 | FY2012 | FY2013 |
---|---|---|---|
Deductions from Gross Income | 142.6 | 137.8 | 137.1 |
item | description | amount |
---|---|---|
Deductions from Gross Income | 137.1 | |
2.201 | Charitable Contributions and Gifts Deduction | 46.5 |
2.203 | Net Operating Loss Carry-Over | 90.6 |
2.204 | Excess Natural Resource Depletion Allowance | Negligible |
2.205 | Deduction for Certain Dividends of Cooperatives | N.A. |
2.206 | Economic opportunity areas; tax deduction for renovation of abandoned buildings | 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. |