General Laws of Massachusetts - Chapter 63 Taxation of Corporations

• Massachusetts General Laws - Definitions - Chapter 63, Section 1
  When used in sections one to two A, inclusive, and section thirty-eight B, the following words shall, unless the context otherwise requires, have the following...
• Massachusetts General Laws - Financial institutions; excise rate - Chapter 63, Section 2
  (a) Except as provided in subsections (b) and (d), every financial institution engaged in business in the commonwealth shall pay, on account of each taxable...
• Massachusetts General Laws - Financial institutions; determination of net income - Chapter 63, Section 2A
  The commissioner shall determine the part of the net income of a financial institution derived from business carried on within the commonwealth as follows:  (a) If...
• Massachusetts General Laws - S corporations; excise rate; determining factors of amount - Chapter 63, Section 2B
  (a) Any financial institution which is an S corporation, as defined under section 1361 of the Code, shall pay, on account of each taxable year,...
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 3 4
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1934, 323, Sec. 1 - Chapter 63, Section 5 6
  Repealed, 1934, 323, Sec.
• Massachusetts General Laws - Effect of assessment on other levies - Chapter 63, Section 7
  Any taxes assessed upon any bank under the provisions of the foregoing sections shall be in lieu of any and all other taxes under this
• Massachusetts General Laws - Repealed, 1925, 343, Sec. 1 - Chapter 63, Section 8 to 10B
  Repealed, 1925, 343, Sec.
• Massachusetts General Laws - Repealed, 1984, 485, Sec. 3 - Chapter 63, Section 11
  Repealed, 1984, 485, Sec.
• Massachusetts General Laws - Repealed, 1966, 14, Sec. 12 - Chapter 63, Section 12
  Repealed, 1966, 14, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 13
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1931, 426, Sec. 6 - Chapter 63, Section 14
  Repealed, 1931, 426, Sec.
• Massachusetts General Laws - Repealed, 1984, 485, Sec. 4 - Chapter 63, Section 15
  Repealed, 1984, 485, Sec.
• Massachusetts General Laws - Repealed, 1984, 485, Sec. 5 - Chapter 63, Section 16
  Repealed, 1984, 485, Sec.
• Massachusetts General Laws - Repealed, 1984, 485, Sec. 6 - Chapter 63, Section 17
  Repealed, 1984, 485, Sec.
• Massachusetts General Laws - Repealed, 1990, 499, Sec. 11 - Chapter 63, Section 18
  Repealed, 1990, 499, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 18A
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1966, 14, Sec. 15 - Chapter 63, Section 19
  Repealed, 1966, 14, Sec.
• Massachusetts General Laws - Premiums subject to taxation; rate - Chapter 63, Section 20
  Every life insurance company, as defined by section one hundred and eighteen of chapter one hundred and seventy-five, authorized to transact business in the commonwealth...
• Massachusetts General Laws - Additional tax on foreign companies - Chapter 63, Section 21
  Every foreign life insurance company shall annually pay with respect to business taxable under the preceding section, in addition to the excise hereby imposed, a...
• Massachusetts General Laws - Domestic companies other than life; premiums subject to taxation; rate - Chapter 63, Section 22
  Every domestic insurance company coming within the scope of the definition of a domestic company in section 1 of chapter 175, except life insurance companies...
• Massachusetts General Laws - Domestic companies; annual total gross investment income earned tax - Chapter 63, Section 22A
  Every domestic insurance company coming within the scope of the definition of a domestic company in section one of chapter one hundred and seventy-five, except...
• Massachusetts General Laws - Investment privilege excise; net investment income - Chapter 63, Section 22B
  (1) Every domestic life insurance company not subject to tax under section twenty-two A shall annually pay an investment privilege excise equal to fourteen per...
• Massachusetts General Laws - Credit against investment privilege excise - Chapter 63, Section 22C
  A domestic life insurance company subject to the investment privilege excise imposed by section twenty-two B having admitted assets of two hundred million dollars or...
• Massachusetts General Laws - Gains, determination for investment privilege excise purposes; definitions - Chapter 63, Section 22D
  For the purposes of determining the amount of gains, but not losses, under the investment privilege excise imposed by section twenty-two B, a qualifying domestic...
• Massachusetts General Laws - Foreign companies; premiums subject to taxation; rate - Chapter 63, Section 23
  Every foreign insurance company coming within the scope of the definition of a foreign company in section 1 of chapter 175, except life insurance companies...
• Massachusetts General Laws - Deductions - Chapter 63, 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 written but not taken,...
• Massachusetts General Laws - Retaliatory taxes; applicability and reciprocal exemption; definition - Chapter 63, Section 24A
  Section twenty-one and the provision of section twenty-three imposing an excise in excess of two per cent of premiums taxable thereunder shall not apply to...
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 25
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Examination of records - Chapter 63, Section 26
  The books, papers and accounts of every insurance company and of its agents shall be opened at all times to inspection and examination by the...
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 27
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Payment; time; basis for liability - Chapter 63, Section 28
  Every insurance company liable to taxation under sections twenty to twenty-three, inclusive, and twenty-nine A shall pay to the commissioner at the time fixed for...
• Massachusetts General Laws - Liability for taxes - Chapter 63, Section 29
  Every domestic or foreign insurance company shall be liable for the full amount of all taxes assessed under this chapter upon it or its agents.
• Massachusetts General Laws - Fire and marine companies; tax on underwriting profit; computation - Chapter 63, Section 29A
  (1) Every marine, or fire and marine, insurance company authorized to transact business in the commonwealth coming within the scope of the definition of a...
• Massachusetts General Laws - Taxation of reciprocal or inter-insurance exchange agents - Chapter 63, Section 29B
  Every attorney in fact of a reciprocal or inter-insurance exchange defined in section ninety-four A of chapter one hundred and seventy-five and authorized to transact...
• Massachusetts General Laws - Life insurance companies; credits against taxes imposed by Secs. 20 and 22 - Chapter 63, Section 29C
  [Text applicable as provided by 1998, 259, Sec. 10.] A life insurance company subject to the excise imposed by either sections 20 or 22 shall...
• Massachusetts General Laws - Property and casualty insurance companies; taxes on premiums; credits against taxes imposed by Secs. 22 and 23 - Chapter 63, Section 29D
  [Text applicable as provided by 1998, 259, Sec. 10.] A property and casualty insurance company subject to the excise upon premiums imposed by either sections...
• Massachusetts General Laws - Definitions; property and casualty insurance companies; retaliatory taxes; credits against taxes imposed by Sec. 22 - Chapter 63, Section 29E
  [Text applicable as provided by 1998, 259, Sec. 10.] (a) As used in this section, the following words shall have the following meanings:— “Credit share”,...
• Massachusetts General Laws - Definitions; value of tangible property; net worth - Chapter 63, Section 30
  When used in this section and in sections 31 to 52, inclusive, the following terms shall have the following meanings, and the terms “business corporation,”...
• Massachusetts General Laws - Repealed, 1966, 698, Sec. 52 - Chapter 63, Section 30A
  Repealed, 1966, 698, Sec.
• Massachusetts General Laws - Repealed, 1962, 756, Sec. 4 - Chapter 63, Section 31
  Repealed, 1962, 756, Sec.
• Massachusetts General Laws - Investment credit for certain corporations; limitations - Chapter 63, Section 31A
  (a) A manufacturing corporation, or a business corporation engaged primarily in research and development, which has been deemed to be such under section thirty-eight C...
• Massachusetts General Laws - Repealed, 2008, 173, Sec. 44 - Chapter 63, Section 31B
  Repealed, 2008, 173, Sec.
• Massachusetts General Laws - Credit for certain corporations; increase in number of full-time employees - Chapter 63, Section 31C
  A manufacturing corporation, or a business corporation engaged primarily in research and development, which has been deemed to be such under section thirty-eight C or...
• Massachusetts General Laws - Definitions applicable to Secs. 31D to 31F - Chapter 63, Section 31D
  As used in sections thirty-one D to thirty-one F, inclusive, the following words shall, unless the context requires otherwise, have the following meanings:— “Commuting student”,...
• Massachusetts General Laws - Credit for company shuttle van purchase or lease expenses - Chapter 63, Section 31E
  (a) A business corporation shall be allowed a credit against its excise due under this chapter equal to thirty per cent of the cost incurred...
• Massachusetts General Laws - Vanpool vehicle registration; fee - Chapter 63, Section 31F
  (a) Upon registration of a vanpool vehicle, registration plates for each vehicle shall be provided which include the word VANPOOL on the face thereof. (b)...
• Massachusetts General Laws - Expired. See 1988, 236, Sec. 43 - Chapter 63, Section 31G
  Expired. See 1988, 236, Sec.
• Massachusetts General Laws - Definitions; state low-income housing tax credit; eligibility; allocation; recapture - Chapter 63, Section 31H
  (a) For the purposes of this section, unless the context clearly requires otherwise, the following words shall have the following meanings:-  "Commissioner'', the commissioner of the...
• Massachusetts General Laws - Transactions with related members; adding back of certain deductions - Chapter 63, Section 31I
  (a) As used in this section, the following words shall, unless the context requires otherwise, have the following meanings:— “Code”, the federal Internal Revenue Code...
• Massachusetts General Laws - Deductible interest; interest paid to related member; taxpayer’s burden to show disallowance of deduction unreasonable - Chapter 63, Section 31J
  (a) For purposes of computing its net income under this chapter, a taxpayer shall add back otherwise deductible interest paid, accrued or incurred to a...
• Massachusetts General Laws - Deductible interest; adjustments; applicability - Chapter 63, Section 31K
  The adjustments required in subsection (b) of section 31I as they relate to royalty expenses and costs and related interest expenses and costs, and in...
• Massachusetts General Laws - Medical device company tax credit; credit transfer program - Chapter 63, Section 31L
  (a) As used in this section the following words shall, unless the context otherwise requires, have the following meanings:— “Department”, the department of revenue. “Medical...
• Massachusetts General Laws - Life sciences tax credit - Chapter 63, Section 31M
  [ Text of section effective until December 31, 2018. Repealed by 2008, 130, Sec. 22. See 2008, 130, Sec. 54 as amended by 2011, 9,...
• Massachusetts General Laws - Determination of gross income; adjustment to federal gross income - Chapter 63, Section 31N
  In determining gross income under this chapter, if the federal gross income includes any item of gain or has been reduced by any item of...
• Massachusetts General Laws - Repealed, 2008, 173, Sec. 47 - Chapter 63, Section 32
  Repealed, 2008, 173, Sec.
• Massachusetts General Laws - Repealed, 1960, 548, Sec. 5 - Chapter 63, Section 32A
  Repealed, 1960, 548, Sec.
• Massachusetts General Laws - Combined reporting; corporations subject to combination; apportionment of income; joint and several liability; regulations; affiliated group election - Chapter 63, Section 32B
  (a) Notwithstanding any other provision of this chapter, a corporation subject to tax under this chapter and engaged in a unitary business with 1 or...
• Massachusetts General Laws - Maximum amount of credits; carryover - Chapter 63, Section 32C
  Notwithstanding the provisions of sections thirty-one A and thirty-eight E and section eleven of chapter seven hundred and fifty-two of the acts of nineteen hundred...
• Massachusetts General Laws - S corporations; net income measure - Chapter 63, Section 32D
  (a) Any business corporation subject to an excise under section 39 which is an S corporation, as defined under section 1361 of the Code, as...
• Massachusetts General Laws - Application and refund of credits earned under Sec. 38X; substantiation of claims; regulations - Chapter 63, Section 32E
  (a) This section shall apply to credits earned under section 38X. (b) At the written election of a taxpayer entitled to a credit under section...
• Massachusetts General Laws - Repealed, 2008, 173, Sec. 55 - Chapter 63, Section 33
  Repealed, 2008, 173, Sec.
• Massachusetts General Laws - Repealed, 1960, 548, Sec. 6 - Chapter 63, Section 34
  Repealed, 1960, 548, Sec.
• Massachusetts General Laws - Repealed, 1924, 26, Sec. 1 - Chapter 63, Section 34A
  Repealed, 1924, 26, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 35 36
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1966, 698, Sec. 57 - Chapter 63, Section 37
  Repealed, 1966, 698, Sec.
• Massachusetts General Laws - Determination of net income derived from business carried on within commonwealth - Chapter 63, Section 38
  The commissioner shall determine the part of the net income of a business corporation derived from business carried on within the commonwealth as follows:  (a) Net...
• Massachusetts General Laws - Taxable net income - Chapter 63, Section 38A
  The taxable net income of a business corporation allocated or apportioned to this commonwealth under the provisions of section thirty-eight shall be its net income...
• Massachusetts General Laws - Financial institutions and business corporations engaged exclusively in buying, selling, dealing in or holding securities; excise rate - Chapter 63, Section 38B
  (a) Every financial institution or business corporation which is engaged exclusively in buying, selling, dealing in, or holding securities on its own behalf and not...
• Massachusetts General Laws - Repealed, 2008, 173, Sec. 66 - Chapter 63, Section 38C
  Repealed, 2008, 173, Sec.
• Massachusetts General Laws - Deduction of expenditures for industrial waste treatment or air pollution control facilities - Chapter 63, Section 38D
  (a) In determining the net income subject to tax under this chapter a business corporation, at its election, may deduct the expenditures paid or incurred...
• Massachusetts General Laws - Eligible business facility; excise credit - Chapter 63, Section 38E
  (a) A business corporation operating an eligible business facility, as defined in section eleven of chapter twenty-three B, may take a credit against the excise...
• Massachusetts General Laws - Deduction from net income for compensation paid to individuals employed by eligible business facility domiciled in present or former eligible section of substantial poverty - Chapter 63, Section 38F
  In determining the net income subject to tax under this chapter, a business corporation may deduct, in addition to any other allowable deduction under this...
• Massachusetts General Laws - Reporting wholly-owned DISC income - Chapter 63, Section 38G
  A business corporation subject to tax under this chapter shall for the purposes of determining its excise under the provisions of this chapter include in...
• Massachusetts General Laws - Alternative energy sources; deduction - Chapter 63, Section 38H
  (a) In determining the net income subject to tax under this chapter a business corporation, at its election, may deduct the expenditures paid or incurred...
• Massachusetts General Laws - Wages deemed compensation paid in commonwealth; deduction; election - Chapter 63, Section 38I
  In determining the net income subject to tax under this chapter for the taxable year, a business corporation may deduct in addition to any other...
• Massachusetts General Laws - Qualified research contribution deduction - Chapter 63, Section 38J
  In determining the net income subject to tax under this chapter, a business corporation may deduct, in addition to any other allowable deduction under this...
• Massachusetts General Laws - Repealed, 1985, 188, Sec. 10A - Chapter 63, Section 38K
  Repealed, 1985, 188, Sec.
• Massachusetts General Laws - Natural Heritage and Endangered Species Fund; contributions - Chapter 63, Section 38L
  Every corporation that files a return may voluntarily contribute all or part of any refund to which it is entitled or may voluntarily add an...
• Massachusetts General Laws - Credit against amount of excise due; research expenses - Chapter 63, Section 38M
  (a) A business corporation shall be allowed a credit against its excise due under this chapter equal to the sum of ten percent of the...
• Massachusetts General Laws - Economic development incentive program; tax credit for certified projects - Chapter 63, Section 38N
  (a) A corporation subject to tax under this chapter that participates in a certified project, as defined in sections 3A and 3F of chapter 23A,...
• Massachusetts General Laws - Economic opportunity areas; tax deduction for renovation of abandoned buildings - Chapter 63, Section 38O
  A corporation whose excise under this chapter is based on net income may, in determining such net income, deduct an amount equal to ten percent...
• Massachusetts General Laws - Harbor maintenance taxes; credit - Chapter 63, Section 38P
  (a) As used in this section, the following terms shall have the following meanings: “Break-bulk cargo”, shall mean general goods, commodities or wares which are...
• Massachusetts General Laws - Environmental response actions; credit - Chapter 63, Section 38Q
  [ First paragraph of subsection (a) effective until July 1, 2013. For text effective July 1, 2013, see below.](a) A business corporation which commences and...
• Massachusetts General Laws - Massachusetts historic rehabilitation tax credit - Chapter 63, Section 38R
  (a) For purposes of this section, the following terms shall have the following meanings unless the context clearly requires otherwise: “Certified rehabilitation”, the rehabilitation of...
• Massachusetts General Laws - Automatic sprinkler system; depreciation deduction - Chapter 63, Section 38S
  (a) In determining the net income subject to tax under this chapter, a business corporation required to comply with section 26G1/2 of chapter 148 and...
• Massachusetts General Laws - Repealed, 2008, 173, Secs. 82 and 83 - Chapter 63, Section 38T
  Repealed, 2008, 173, Secs. 82 and
• Massachusetts General Laws - Credit for cost of qualifying property; life sciences - Chapter 63, Section 38U
  [Text of section effective until December 31, 2018. Repealed by 2008, 130, Sec. 31. See 2008, 130, Secs. 53 and 54 as amended by 2011,...
• Massachusetts General Laws - Deductions for qualifying clinical testing expenses; certified life sciences company - Chapter 63, Section 38V
  [ Text of section effective until December 31, 2018. Repealed by 2008, 130, Sec. 31. See 2008, 130, Sec. 54 as amended by 2011, 9,...
• Massachusetts General Laws - Credit for qualified research expenses; life sciences - Chapter 63, Section 38W
  [ Text of section effective until December 31, 2018. Repealed by 2008, 130, Sec. 31. See 2008, 130, Sec. 54 as amended by 2011, 9,...
• Massachusetts General Laws - Credit against taxes imposed on persons filming motion picture for employment of persons within commonwealth in connection with filming or production - Chapter 63, Section 38X
  (a) As used in this section the following words shall, unless the context clearly requires otherwise, have the following meanings:— “Commissioner”, the commissioner of revenue....
• Massachusetts General Laws - Unrelated business taxable income for certain exempt corporations - Chapter 63, Section 38Y
  [Text of section effective for tax years beginning on or after January 1, 2009. See 2008, 173, Sec. 101.] (a) Every business corporation which is...
• Massachusetts General Laws - Dairy farm tax credit program - Chapter 63, Section 38Z
  (a) There shall be established a dairy farm tax credit program under which a domestic or foreign corporation that holds a certificate of registration as...
• Massachusetts General Laws - Credit against taxes imposed for qualified donation of certified land to public or private conservation agency - Chapter 63, Section 38AA
  [Text of section effective for tax years beginning on and after January 1, 2011. See 2008, 509, Sec. 4.] (a) As used in this section,...
• Massachusetts General Laws - Credit against taxes imposed for a certified housing development project - Chapter 63, Section 38BB
  (1) A credit shall be allowed against the tax liability imposed by this chapter, to the extent awarded by the department of housing and community...
• Massachusetts General Laws - Life Sciences refundable jobs credit - Chapter 63, Section 38CC
  [Text of section effective for tax years beginning on or after January 1, 2011. See 2011, 68, Sec. 211.] (a) A taxpayer, to the extent...
• Massachusetts General Laws - Credit against excise tax imposed under Secs. 2(b), 2B(b) or 39(b) - Chapter 63, Section 38DD
  (a) A corporation formed under chapter 156D and taxable under this chapter shall receive a nontransferrable credit against an excise tax imposed under subsection (b)...
• Massachusetts General Laws - Community investment tax credit - Chapter 63, Section 38EE
  [ Text of section added by 2012, 238, Sec. 35 effective January 1, 2014 until December 31, 2019. Repealed by 2012, 238, Sec. 36. See...
• Massachusetts General Laws - Wellness program tax credit - Chapter 63, Section 38FF
  [Text of section effective until December 31, 2017. Repealed by 2012, 224, Sec. 56A. See 2012, 224, Sec. 298.] (a) The purpose of this section...
• Massachusetts General Laws - Tax rate - Chapter 63, Section 39
  Except as otherwise provided in this section, every business corporation, organized under the laws of the commonwealth, or exercising its charter or other means of...
• Massachusetts General Laws - Tax on foreign subsidiary corporation - Chapter 63, Section 39A
  The net income of a foreign corporation which is a subsidiary or parent corporation of another corporation or closely affiliated therewith by stock ownership shall...
• Massachusetts General Laws - Repealed, 1924, 26, Sec. 1 - Chapter 63, Section 39B
  Repealed, 1924, 26, Sec.
• Massachusetts General Laws - Repealed, 1960, 548, Sec. 8 - Chapter 63, Section 39C
  Repealed, 1960, 548, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 40
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1966, 698, Sec. 63 - Chapter 63, Section 41
  Repealed, 1966, 698, Sec.
• Massachusetts General Laws - Alternative method of determining net income - Chapter 63, Section 42
  If the allocation and apportionment provisions of this chapter are not reasonably adapted to approximate the net income derived from business carried on within this...
• Massachusetts General Laws - Taxable net income - Chapter 63, Section 42A
  The taxable net income of a foreign corporation allocated or apportioned to this commonwealth under section 38 shall be its net income subject to the...
• Massachusetts General Laws - Manufacturing and research and development corporations - Chapter 63, Section 42B
  (a) Every business corporation subject to taxation under section 39 that has a usual place of business in the commonwealth, and is engaged in manufacturing...
• Massachusetts General Laws - Repealed, 1966, 698, Sec. 66 - Chapter 63, Section 42C
  Repealed, 1966, 698, Sec.
• Massachusetts General Laws - Repealed, 1945, 735, Sec. 3 - Chapter 63, Section 43
  Repealed, 1945, 735, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 44 to 46
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1953, 654, Sec. 60 - Chapter 63, Section 47
  Repealed, 1953, 654, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 48 to 51
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Unconstitutionality of excise tax law; effect; revival of former act - Chapter 63, Section 52
  If any of the provisions of this chapter imposing an excise on business corporations as defined in subsection (1) of section 30 are declared unconstitutional...
• Massachusetts General Laws - Definitions; rate and payment of tax; limitation; disposition of revenue - Chapter 63, Section 52A
  [ Text of section effective until January 1, 2014 applicable as provided by 2013, 46, Sec. 84. Repealed by 2013, 46, Sec. 39.]Every utility corporation...
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 53
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1951, 641, Sec. 2 - Chapter 63, Section 54
  Repealed, 1951, 641, Sec.
• Massachusetts General Laws - Valuation - Chapter 63, Section 55
  The commissioner shall ascertain from the returns or otherwise the true market value of the shares of each corporation required to make a return under...
• Massachusetts General Laws - Repealed, 1925, 343, Sec. 4 - Chapter 63, Section 56
  Repealed, 1925, 343, Sec.
• Massachusetts General Laws - Repealed, 1966, 698, Sec. 69 - Chapter 63, Section 56A
  Repealed, 1966, 698, Sec.
• Massachusetts General Laws - Repealed, 1928, 13, Sec. 2 - Chapter 63, Section 57
  Repealed, 1928, 13, Sec.
• Massachusetts General Laws - Tax rate - Chapter 63, Section 58
  Every corporation required to file a return under subsection (h) of section twelve of chapter sixty-two C shall annually pay a tax upon its corporate...
• Massachusetts General Laws - Repealed, 1925, 343, Sec. 6 - Chapter 63, Section 58A
  Repealed, 1925, 343, Sec.
• Massachusetts General Laws - Assessment of additional taxes - Chapter 63, Section 59
  [ Text of section effective until January 1, 2014. For text effective January 1, 2013, see below.]When the commissioner has received notice of an abatement...
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 60
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1928, 138 - Chapter 63, Section 61 to 66
  Repealed, 1928,
• Massachusetts General Laws - Assessment; rate; return; deductions - Chapter 63, Section 67
  [ Text of section effective until January 1, 2014. For text effective January 1, 2014, see below.]The commissioner shall annually assess as of the last...
• Massachusetts General Laws - Effect on other taxes - Chapter 63, Section 68
  The taxes imposed by this chapter upon any corporation shall not affect or prevent the imposition and collection of any other tax now authorized, or...
• Massachusetts General Laws - Conflict between local and state valuations; remedy - Chapter 63, Section 68A
  If the value of the works, structures, real estate, machinery, poles, underground conduits, wires and pipes owned by a corporation taxable under any provision of...
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 68B
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Exemption from excise under Sec. 39 for certain business corporations - Chapter 63, Section 68C
  In general, a business corporation as defined in section 30 is subject to an excise under section 39, as provided in that section, and as...
• Massachusetts General Laws - Inspection of records; examination of officers - Chapter 63, Section 69
  Every corporation taxable under this chapter, except a foreign corporation taxable under section twenty-one or twenty-three, shall, when required for the purposes of any tax...
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 70 to 71B
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 102 - Chapter 63, Section 72 to 76A
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1930, 416, Sec. 2 - Chapter 63, Section 77 78
  Repealed, 1930, 416, Sec.
• Massachusetts General Laws - Penalty for failure to make return for corporate franchise tax - Chapter 63, Section 79
  Any corporation, company or association, liable to taxation under section fifty-eight, neglecting to make the returns required by subsection (h) of section twelve of chapter...
• Massachusetts General Laws - Collection of penalties - Chapter 63, Section 80
  Penalties and forfeitures imposed by this chapter or by section seventy-four of chapter sixty-two C may be collected by an action of contract under section...
• Massachusetts General Laws - Local taxation, defined - Chapter 63, Section 81
  For the purposes of sections thirty, fifty-five and sixty-eight A, the words “local taxation”, or their equivalent, as used in said sections with respect to...

Last modified: September 11, 2015