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1998 SESSION
HB 1346 Corporate income tax; exemptions.
Introduced by: Alan A. Diamonstein | all patrons ... notes | add to my profiles
SUMMARY:
Exemption from corporate income tax. Exempts corporations with $5 million or less in gross receipts and $50,000 or less in Virginia taxable income for taxable years beginning on and after January 1, 1999, from the corporate income tax. Tax returns must still be filed by such corporations.
FULL TEXT
HISTORY
- 01/26/98 House: Presented & ordered printed 983303204
- 01/26/98 House: Referred to Committee on Finance
- 01/29/98 House: Assigned to Finance sub-committee: 2
- 02/18/98 House: No action taken by Finance by voice vote