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Corporate Excise Tax
| TAX EXPENDITURE |
FY2014 |
FY2015 |
FY2016 |
FY2017 |
FY2018 |
|---|---|---|---|---|---|
| 2.000 - Exclusions from Gross Income | 80.7 | 87.2 | 94.4 | 98.8 | 97.8 |
| 2.100 - Deferrals of Gross Income | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
| 2.200 - Deductions from Gross Income | 154.5 | 170.0 | 177.3 | 185.1 | 193.3 |
| 2.300 - Accelerated Deductions from Gross Income | 375.8 | 384.6 | 381.0 | 390.0 | 419.4 |
| 2.400 - Adjustments to Apportionment Formula | 315.3 | 332.4 | 337.0 | 341.6 | 346.2 |
| 2.500 - Exclusions from Property Component | 273.7 | 299.6 | 303.1 | 324.3 | 347.0 |
| 2.600 - Credits Against Tax | 462.2 | 549.1 | 561.3 | 606.8 | 653.7 |
| 2.700 - Entity Exempt from Taxation | 4.6 | 5.0 | 5.3 | 5.7 | 6.2 |
| TOTAL | 1,667.6 | 1,828.7 | 1,860.2 | 1,953.1 | 2,064.4 |
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