Corporate Excise Tax

Fiscal Year 2011 Corporate Excise Tax (in Millions) (detail)
TAX EXPENDITURE	FY2009	FY2010	FY2011
2.000 - Exclusions from Gross Income	60.7	59.2	58.6
2.100 - Deferrals of Gross Income	0.1	0.1	0.1
2.200 - Deductions from Gross Income	181.3	180.4	178.7
2.300 - Accelerated Deductions from Gross Income	303.4	290.5	284.3
2.400 - Adjustments to Apportionment Formula	310.4	307.9	318.5
2.500 - Exclusions from Property Component	143.8	131.0	135.7
2.600 - Credits Against Tax	193.9	203.2	201.8
2.700 - Entity Exempt from Taxation	6.2	4.2	3.4
TOTAL	1,199.8	1,176.5	1,181.1

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