2.603 -Vanpool Credit (VPC)

Item	Description	FY2009	FY2010	FY2011
2.603	Vanpool Credit (VPC) A corporation may take a credit against excise due equal to 30% of the cost incurred during the taxable year for the purchase or lease of company shuttle vans used in the Commonwealth for employee transportation. Origin: M.G.L. c. 63, S. 31D, 31E, and 31F Estimate: $0.1	0.1	0.1	0.1

Key:

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.