Tangible property qualifying for the deduction for expenditures for alternative energy described in item 2.312 is not subject to taxation under the tangible property measure of the corporate excise.
Origin: M.G.L. c. 63, § 38H(f)
Tax Type
Tax Expenditure
Item Number
Item Name
Description
Origin
FY2018
FY2019
FY2020
FY2021
FY2022
Corporate Excise Tax
Exclusions from Property Component
2.501
Nontaxation of Certain Energy Property
Tangible property qualifying for the deduction for expenditures for alternative energy described in item <a href="/tax-expenditure-budget/corporate-excise-tax/accelerated-deductions-from-gross-income/2-312">2.312</a> is not subject to taxation under the tangible property measure of the corporate excise.
<a href="https://malegislature.gov/Laws/GeneralLaws/PartI/TitleIX/Chapter63/Section38h" target="_blank">M.G.L. c. 63, § 38H(f)</a>
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