Governor Charles D. Baker's Budget Recommendation - House 1 Fiscal Year 2018

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Exclusions from Gross Income


Fiscal Year 2018 Resource Summary (in Millions)
TAX EXPENDITURE FY2014 FY2015 FY2016 FY2017 FY2018
Exclusions from Gross Income 80.7 87.2 94.4 98.8 97.8

View tax item language

item description amount
Exclusions from Gross Income 97.8
2.001 Small Business Corporations 97.8
2.002 Exemption of Income from the Sale, Lease or Transfer of Certain Patents $0.0

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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