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1.103 -Exemption of Earnings on Stock Bonus Plans or Profit Sharing Trusts

Item	Description	FY2008	FY2009	FY2010
1.103	Exemption of Earnings on Stock Bonus Plans or Profit Sharing Trusts Investment income earned by stock bonus plans or profit sharing trusts is not taxed currently for employees. Origin: M.G.L. c. 62, S. 5(b) Estimate: N.A.	N.A.	N.A.	N.A.

Key:

ORIGIN
IRC	Federal Internal Revenue Code (26 U.S.C.)
U.S.C	United States Code
M.G.L.	Massachusetts General Laws
Rev. Rul.; C.B.	Revenue Ruling; Cumulative Bulletin of the U.S. Treasury
ESTIMATES	All estimates are in $ millions.