| TAX EXPENDITURE | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 |
|---|---|---|---|---|---|
| Exclusions from Gross Income | 95.7 | 114.4 | 116.3 | 112.5 | 110.6 |
| item | description | amount |
|---|---|---|
| Exclusions from Gross Income | 110.6 | |
| 2.001 | Small Business Corporations | 110.6 |
| 2.002 | Exemption of Income from the Sale, Lease or Transfer of Certain Patents | negligible |
| 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. |