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 -$644,000,000 RV See Note)
Reduces the rates of corporate income tax and repeals the corporation franchise tax
Reduces the rate for corporate income tax and repeals corporate franchise taxes and federal deductions allowed on net state corporate income tax (OR -$79,000,000 GF RV See Note)
Extends the termination date of the exemption from corporate franchise tax for small business corporations. (See Act) (EN -$55,900,000 GF RV See Note)
Phases-out the corporate franchise tax. (See Act) (EN -$163,000,000 GF RV See Note)
Provides relative to the state taxation of corporations (Items #3 and 19) (OR DECREASE GF RV See Note)
Provides a flat corporation income tax rate and eliminates the usage of certain tax credits against corporation income tax. (gov sig) (OR -$144,000,000 GF RV See Note)
Repeals the corporation franchise tax and limits eligibility of certain credits to be claimed against corporation franchise tax (Item #3) (EN -$574,000,000 RV See Note)