Friday, May 03, 2024 | 10:01am
SB2103/HB1893 (2024) eliminates the property measure of the franchise tax (also known as the “minimum measure”) for tax years ending on or after January 1, 2024. Going forward, the franchise tax will be based on a taxpayer’s net worth. Read more in important notice #24-05.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
