Taxation
Issues
S
2424 An Act Relative to Municipal Relief
AIM comments relative to S 2424: An Act
Relative to Municipal Relief
Amendments
#330, 543,734,735,835 & 836 – Relative to Tax
Disclosure
AIM’s Opposition to Amendments #330, 543,734,735,835 & 836
– Relative to Tax Disclosure
Amendment
#69 – Economic Development, Transparency and Fiscal
Accountability
AIM's testimony in opposition to Amendment #69
DOER Solar Carve Out – Final Regulations
AIM’s comments regarding the DOER Solar Carve Out –
Final Regulations
H.4490 An Act Providing for Job Creation by Small
Businesses
AIM comments on the Governor’s legislation
relative to job creation for small businesses.
AIM Letter to Senator Kerry in Opposition to the
Proposed Tax on Medical Device and Diagnostic Product
Proposed Tax on Medical Device and Diagnostic Product
H.2891 An Act Relative to Using Capital Gain Income for
One-Time Capital Expenditures
AIM comments regarding H. 2891, An Act Relative to
Using Capital Gain Income for One-Time Capital Expenditures
HB.2694, An Act Making Technical Corrections to the
Combined Reporting Law
AIM testimony in support of HB.2694, An Act Making Technical Corrections
to the Combined Reporting Law
An Act Relative to Zero-Based Budgeting and Budget
Transparency
AIM testimony in support of Zero-Based Budgeting and Budget
Transparency
AIM's letter regarding Senate Budget and pending
amendments
AIM Position regarding tax, Workforce Training Fund and other pending
amendments to the Senate Budget
Directive 9-xx: Recapture of the Economic Opportunity
Area Credit When a Business's Designation as Certified Project
Terminates
AIM's comments with respect to
Directive 09-xx: Recapture of the Economic Opportunity Area Credit (EOA
Credit) When a Business’s Designation as Certified Project
Terminates.
Property Tax on Telecommunications Equipment and the
Sales Tax on Sweetened Drinks, Alcoholic Beverages or Candy
AIM's testimony in opposition to property tax on telecommunications
equipment and the sales tax on sweetened drinks, alcoholic beverages or
candy
830 CMR 63:32B.2 Combined Reporting Regulations
AIM’s comments regarding the Combined Reporting
Regulations
News
An Act Extending the Investment Tax Credit to All
Corporations
Manufacturers, research-and-development corporations, and other
industries currently qualify for a tax credit equal to three percent of
the cost of certain property and equipment. The life-science sector
receives a 10 percent Investment Tax Credit. The AIM bill extends the
Investment Tax Credit to all business corporations in Massachusetts that
make capital investments in the commonwealth.
An Act Equalizing Department of Revenue Interest
Rates
AIM’s bill is designed to equalize the interest that the
Massachusetts Department of Revenue (DOR)
pays on reimbursements to taxpayers with the interest that taxpayers pay
when they owe money to the DOR. Taxpayers who owe money currently pay
the federal short-term interest rate plus four percentage points,
compounded daily, for the period the tax is overdue. If a taxpayer has
overpaid, and is due a refund, DOR reimburses the taxpayer at the
federal short-term rate plus two percentage points,
simple interest.
An Act Making Technical Corrections to the Combined
Reporting Law, So-Called
Massachusetts in 2008 enacted the most sweeping changes to its
business-tax code in decades by imposing a unitary combined reporting
regime and entity classification conformity. Unitary reporting requires
companies with multiple business units to file a single return, even if
some of those business units are located outside Massachusetts.
AIM’s bill proposes technical changes to the law, including an
amendment to the "water’s edge" provision, and allowance of a
consolidated return for non-unitary groups.
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