Connecticut 2013 2013 Regular Session

Connecticut House Bill HB05874 Introduced / Bill

Filed 01/23/2013

                    General Assembly  Proposed Bill No. 5874
January Session, 2013  LCO No. 2360
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. JOHNSON, 49th Dist.

General Assembly

Proposed Bill No. 5874 

January Session, 2013

LCO No. 2360

Referred to Committee on FINANCE, REVENUE AND BONDING 

Introduced by:

REP. JOHNSON, 49th Dist.

AN ACT CONCERNING THE THROWBACK RULE.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 208 of the general statutes be amended to establish a throwback rule, ensuring that multistate corporations not have untaxed income.

Statement of Purpose: 

To ensure taxable corporate income is actually taxed through the throwback rule.