Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2010

Governor's Budget Recommendation FY 2010

Exclusions from Gross Income


Fiscal Year 2010 Resource Summary (in Millions)
TAX EXPENDITURE FY2008 FY2009 FY2010
Exclusions from Gross Income 74.9 73.1 70.7

View tax item language

item description amount
Exclusions from Gross Income 70.7
2.001 Small Business Corporations 70.7
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.


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