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2019 SESSION
HB 2701 Income tax, corporate; subtraction for amount of business interest.
Introduced by: Robert D. Orrock, Sr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Corporate income tax subtraction; business interest. Establishes a subtraction from a corporation's Virginia taxable income for the amount of business interest that is disallowed as a deduction from federal taxable income by § 163(j) of the Internal Revenue Code.
FULL TEXT
HISTORY
- 01/15/19 House: Presented and ordered printed 19103771D
- 01/15/19 House: Referred to Committee on Rules
- 01/23/19 House: Referred from Rules by voice vote
- 01/23/19 House: Referred to Committee on Finance
- 02/05/19 House: Left in Finance