S2989 — Amends provisions regarding tax base and operative dates relative to CBT and combined reporting; provides CBT deduction in amount of certain foreign-related income; clarifies tax treatment of certain tax credits awarded by EDA.

S2989 — Amends provisions regarding tax base and operative dates relative to CBT and combined reporting; provides CBT deduction in amount of certain foreign-related income; clarifies tax treatment of certain tax credits awarded by EDA. · Informed CitizenryS2989 amends the Corporation Business Tax (CBT) to provide a deduction for taxpayers for the full value of deductions taken for federal income tax purposes under section 250 of the Internal Revenue…Open in Informed Citizenry