Investment income earned by stock bonus plans or profit sharing trusts is not taxed currently for employees.
Origin: M.G.L. c. 62, § 5(b)
Tax Type
Tax Expenditure
Item Number
Item Name
Description
Origin
FY2016
FY2017
FY2018
FY2019
FY2020
Personal Income Tax
Deferrals of Gross Income
1.103
Exemption of Earnings on Stock Bonus Plans or Profit Sharing Trusts
Investment income earned by stock bonus plans or profit sharing trusts is not taxed currently for employees.
<a href="http://www.mass.gov/legis/laws/mgl/62-5.htm" target="_blank">M.G.L. c. 62, § 5(b)</a>
N.A.
N.A.
N.A.
N.A.
N.A.
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