HB 1100 -- Tax Deduction of the Federal Income Tax for
Corporations

Sponsor:  Onder

Currently, a corporation is limited to a state income tax
deduction of 50% of its federal income tax.  Beginning January 1,
2007, this bill allows full deductibility from state income tax
of all federal income tax liability for corporations.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:21 am