Provides relative to individual income tax, corporation income tax, corporation franchise tax, and ad valorem tax
Levies a flat tax on corporations and eliminates the deduction for federal income taxes paid for purposes of computing corporate income taxes (OR -$58,000,000 GF RV See Note)
Eliminates the deductibility of federal income taxes paid from state individual and corporate income taxes
Reduces corporate income tax rates and brackets and repeals the income tax deduction for federal income taxes paid for purposes of calculating corporate income tax (EN +$29,200,000 GF RV See Note)
Eliminates the deductibility of federal income taxes paid from state individual and corporate income taxes (OR SEE FISC NOTE See Note)
Repeals corporate income and corporation franchise taxes
Provides relative to loss years for purposes of the net operating loss deduction for corporate income tax (EN DECREASE GF RV See Note)
Provides relative to corporate income and franchise tax reform
Phases-out the corporation income and franchise taxes and reduces the amount of exemptions, deductions, and credits that may be claimed to reduce corporate income and franchise tax liability (OR DECREASE GF RV See Note)
Eliminates the deductibility of federal income taxes paid from state individual and corporate income taxes (OR +$901,000,000 GF RV See Note)