Governor Charles D. Baker's Budget Recommendation - House 1 Fiscal Year 2016

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Exclusions from Gross Income


Fiscal Year 2016 Resource Summary (in Millions)
TAX EXPENDITURE FY2012 FY2013 FY2014 FY2015 FY2016
Exclusions from Gross Income 84.2 98.4 99.6 97.2 100.3

View tax item language

item description amount
Exclusions from Gross Income 100.3
2.001 Small Business Corporations 100.3
2.002 Exemption of Income from the Sale, Lease or Transfer of Certain Patents $0.0

Key:

ORIGIN  
IRCFederal 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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