Exclusions from Gross Income
Fiscal Year 2015 Resource Summary (in Millions)
| TAX EXPENDITURE |
FY2011 |
FY2012 |
FY2013 |
FY2014 |
FY2015 |
| Exclusions from Gross Income |
80.1 |
88.1 |
85.4 |
90.0 |
101.1 |
| item |
description |
amount |
| Exclusions from Gross Income |
101.1 |
View tax item language
| 2.001 |
Small Business Corporations
|
101.1 |
| 2.002 |
Exemption of Income from the Sale, Lease or Transfer of Certain Patents
|
negligible |
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. |
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