|
|
Court OpinionsState LawsUS CodeUS Constitution |
Massachusetts General Laws - Taxation of Corporations - Chapter 63Legal Research Home > Massachusetts Lawyer > Taxation of Corporations > Massachusetts General Laws - Taxation of Corporations - Chapter 63 Sponsored LinksMassachusetts General Laws - Taxation of Corporations - Chapter 63, Section 1 Definitions . Section 1. When used in sections one to two A, inclusive, and section thirty-eight B, the following words shall, unless the context otherwise ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 2 Financial institutions; excise rate . Section 2. (a) Except as provided in subsection (b), every financial institution engaged in business in the commonwealth shall pay, ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 2A Financial institutions; determination of net income . Section 2A. The commissioner shall determine the part of the net income of a financial institution derived from ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 3, 4 Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 5, 6 Repealed, 1934, 323, Sec. 1 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 7 Effect of assessment on other levies . Section 7. Any taxes assessed upon any bank under the provisions of the foregoing sections shall be in ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 8 to 10B Repealed, 1925, 343, Sec. 1 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 11 Repealed, 1984, 485, Sec. 3 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 12 Repealed, 1966, 14, Sec. 12 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 13 Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 14 Repealed, 1931, 426, Sec. 6 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 15 to 17 Repealed, 1984, 485, Secs. 4 to 6 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 18 Repealed, 1990, 499, Sec. 11 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 18A Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 19 Repealed, 1966, 14, Sec. 15 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 20 Premiums subject to taxation; rate . Section 20. Every life insurance company, as defined by section one hundred and eighteen of chapter one hundred and ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 21 Additional tax on foreign companies . Section 21. Every foreign life insurance company shall annually pay with respect to business taxable under the preceding section, ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 22 Companies other than life; premiums subject to taxation; rate . Section 22. Every domestic insurance company coming within the scope of the definition of a ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 22A Domestic companies; annual total gross investment income earned tax . Section 22A. Every domestic insurance company coming within the scope of the definition of a ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 22B Investment privilege excise; net investment income . Section 22B. (1) Every domestic life insurance company not subject to tax under section twenty-two A shall annually ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 22C Credit against investment privilege excise . Section 22C. A domestic life insurance company subject to the investment privilege excise imposed by section twenty-two B having ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 22D Gains, determination for investment privilege excise purposes; definitions . Section 22D. For the purposes of determining the amount of gains, but not losses, under the ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 23 Foreign companies; premiums subject to taxation; rate . Section 23. Every foreign insurance company coming within the scope of the definition of a foreign company ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 24 Deductions . Section 24. In determining the amount of the tax payable under sections twenty-two and twenty-three, there shall be deducted all premiums on policies ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 24A Retaliatory taxes; applicability and reciprocal exemption; definition . Section 24A. Section twenty-one and the provision of section twenty-three imposing an excise in excess of two ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 25 Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 26 Examination of records . Section 26. The books, papers and accounts of every insurance company and of its agents shall be opened at all times ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 27 Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 28 Payment; time; basis for liability . Section 28. Every insurance company liable to taxation under sections twenty to twenty-three, inclusive, and twenty-nine A shall pay ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 29 Liability for taxes . Section 29. Every domestic or foreign insurance company shall be liable for the full amount of all taxes assessed under this ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 29A Fire and marine companies; tax on underwriting profit; computation . Section 29A. (1) Every marine, or fire and marine, insurance company authorized to transact business ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 29B Taxation of reciprocal or inter-insurance exchange agents . Section 29B. Every attorney in fact of a reciprocal or inter-insurance exchange defined in section ninety-four A ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 30 Definitions; value of tangible property; net worth . Section 30. When used in this section and sections thirty-one to fifty-two, inclusive, the following terms shall ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 30A Repealed, 1966, 698, Sec. 52 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 31 Repealed, 1962, 756, Sec. 4 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 31A Investment credit for certain corporations; limitations . Section 31A. (a) A manufacturing corporation, or a business corporation engaged primarily in research and development, which has ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 31B Excess payments; rate reduction . Section 31B. If the total taxes paid in any twelve-month period ending June the thirtieth under sections thirty to fifty-one, ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 31C Credit for certain corporations; increase in number of full-time employees . Section 31C. A manufacturing corporation, or a business corporation engaged primarily in research and ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 31D Definitions applicable to Secs. 31D to 31F . Section 31D. As used in sections thirty-one D to thirty-one F, inclusive, the following words shall, unless ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 31E Credit for company shuttle van purchase or lease expenses . Section 31E. (a) A domestic or foreign corporation shall be allowed a credit against its ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 31F Vanpool vehicle registration; fee . Section 31F. (a) Upon registration of a vanpool vehicle, registration plates for each vehicle shall be provided which include the ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 31G Expired. See 1988, 236, Sec. 43 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 32 Rate . Section 32. Except as otherwise provided herein, every domestic corporation, exercising its charter, or qualified to do business or actually doing business in ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 32A Repealed, 1960, 548, Sec. 5 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 32B Consolidated return of income by certain corporations . Section 32B. If two or more domestic business corporations or foreign corporations participated in the filing of ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 32C Maximum amount of credits; carryover . Section 32C. Notwithstanding the provisions of sections thirty-one A and thirty-eight E and section eleven of chapter seven hundred ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 32D S corporations; net income measure . Section 32D. (a) Any domestic business corporation or foreign corporation subject to an excise under section 32 or 39 ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 33 Taxation of subsidiaries or affiliated corporations . Section 33. The net income of a domestic business corporation which is a subsidiary or parent corporation of ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 34 Repealed, 1960, 548, Sec. 6 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 34A Repealed, 1924, 26, Sec. 1 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 35, 36 Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 37 Repealed, 1966, 698, Sec. 57 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38 Determination of net income derived from business carried on within commonwealth . Section 38. The commissioner shall determine the part of the net income of ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38A Taxable net income . Section 38A. The taxable net income of a domestic business corporation allocated or apportioned to this commonwealth under the provisions of ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38B Financial institutions and corporations engaged exclusively in buying, selling, dealing in or holding securities; excise rate . Section 38B. (a) Every financial institution, domestic business ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38C Manufacturing and research and development corporations . Section 38C. A corporation organized under or subject to chapter 156D and a limited liability company organized under ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38D Deduction of expenditures for industrial waste treatment or air pollution control facilities . Section 38D. (a) In determining the net income subject to tax under ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38E Eligible business facility; excise credit . Section 38E. (a) A domestic or foreign business corporation operating an eligible business facility, as defined in section eleven ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38F Deduction from net income for compensation paid to individuals employed by eligible business facility domiciled in present or former eligible section of substantial poverty . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38G Reporting wholly-owned DISC income . Section 38G. A domestic or foreign corporation subject to tax under this chapter shall for the purposes of determining its ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38H Alternative energy sources; deduction . Section 38H. (a) In determining the net income subject to tax under this chapter a domestic or foreign business corporation, ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38I Wages deemed compensation paid in commonwealth; deduction; election . Section 38I. In determining the net income subject to tax under this chapter for the taxable ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38J Qualified research contribution deduction . Section 38J. In determining the net income subject to tax under this chapter, a domestic or foreign business corporation may ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38K Repealed, 1985, 188, Sec. 10A . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38L Natural Heritage and Endangered Species Fund; contributions . Section 38L. Every corporation that files a return may voluntarily contribute all or part of any refund ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38M Credit against amount of excise due; research expenses . Section 38M. (a) A domestic or foreign corporation shall be allowed a credit against its excise ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38N Economic development incentive program; tax credit for certified projects . Section 38N. (a) A corporation subject to tax under this chapter which participates in a ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38O Economic opportunity areas; tax deduction for renovation of abandoned buildings . Section 38O. A corporation whose excise under this chapter is based on net income ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 38P Harbor maintenance taxes; credit . Section 38P. (a) As used in this section, the following terms shall have the following meanings: ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 39 Tax rate . Section 39. Except as otherwise provided herein, every foreign corporation, exercising its charter, or qualified to do business or actually doing business ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 39A Tax on foreign subsidiary corporation . Section 39A. The net income of a foreign corporation which is a subsidiary or parent corporation of another corporation ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 39B Repealed, 1924, 26, Sec. 1 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 39C Repealed, 1960, 548, Sec. 8 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 40 Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 41 Repealed, 1966, 698, Sec. 63 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 42 Alternative method of determining net income . Section 42. If the allocation and apportionment provisions of this chapter are not reasonably adapted to approximate the ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 42A Taxable net income . [Text of section applicable with respect to income that is recognized on or after July 1, 2004. See 2004, 262, ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 42B Foreign manufacturing and research and development corporations . Section 42B. Every foreign limited liability company taxed as a corporation separate from its members for federal ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 42C Repealed, 1966, 698, Sec. 66 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 43 Repealed, 1945, 735, Sec. 3 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 44 to 46 Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 47 Repealed, 1953, 654, Sec. 60 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 48 to 51 Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 52 Unconstitutionality of excise tax law; effect; revival of former act . Section 52. If the provisions of section thirty-two imposing an excise on domestic business ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 52A Definitions; rate and payment of tax; limitation; disposition of revenue . Section 52A. Every utility corporation doing business within the commonwealth shall pay annually a ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 53 Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 54 Repealed, 1951, 641, Sec. 2 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 55 Valuation . Section 55. The commissioner shall ascertain from the returns or otherwise the true market value of the shares of each corporation required to ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 56 Repealed, 1925, 343, Sec. 4 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 56A Repealed, 1966, 698, Sec. 69 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 57 Repealed, 1928, 13, Sec. 2 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 58 Tax rate . Section 58. Every corporation required to file a return under subsection (h) of section twelve of chapter sixty-two C shall annually pay ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 58A Repealed, 1925, 343, Sec. 6 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 59 Assessment of additional taxes . Section 59. When the commissioner has received notice of an abatement of the taxes of any corporation under section seventy-four ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 60 Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 61 to 66 Repealed, 1928, 138 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 67 Assessment; rate; return; deductions . Section 67. The commissioner shall annually assess as of the last day of the taxable year, as defined in paragraph ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 68 Effect on other taxes . Section 68. The taxes imposed by this chapter upon any corporation shall not affect or prevent the imposition and collection ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 68A Conflict between local and state valuations; remedy . Section 68A. If the value of the works, structures, real estate, machinery, poles, underground conduits, wires and ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 68B Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 69 Inspection of records; examination of officers . Section 69. Every corporation taxable under this chapter, except a foreign corporation taxable under section twenty-one or twenty-three, ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 70 to 71B Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 72 to 76A Repealed, 1976, 415, Sec. 102 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 77, 78 Repealed, 1930, 416, Sec. 2 . ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 79 Penalty for failure to make return for corporate franchise tax . Section 79. Any corporation, company or association, liable to taxation under section fifty-eight, neglecting ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 80 Collection of penalties . Section 80. Penalties and forfeitures imposed by this chapter or by section seventy-four of chapter sixty-two C may be collected by ...
Massachusetts General Laws - Taxation of Corporations - Chapter 63, Section 81 Local taxation, defined . Section 81. For the purposes of sections thirty, fifty-five and sixty-eight A, the words “local taxation”, or their equivalent, as used ...
Last modified: November 20, 2006 |