Corporate Excise Tax

Fiscal Year 2013 Corporate Excise Tax (in Millions)   (detail)
TAX EXPENDITURE
FY2011

FY2012

FY2013
2.000 - Exclusions from Gross Income 72.271.3 71.0
2.100 - Deferrals of Gross Income 1.21.1 1.1
2.200 - Deductions from Gross Income 142.6137.8 137.1
2.300 - Accelerated Deductions from Gross Income 255.2237.0 243.0
2.400 - Adjustments to Apportionment Formula 296.1273.5 262.2
2.500 - Exclusions from Property Component 200.3195.5 191.0
2.600 - Credits Against Tax 358.4416.1 416.0
2.700 - Entity Exempt from Taxation 3.43.0 2.6
TOTAL 1,329.4 1,335.3 1,324.0