A4704 — Imposes 2.5 percent corporate transit fee on taxpayers with allocated taxable net income in excess of $10 million under CBT.

A4704 — Imposes 2.5 percent corporate transit fee on taxpayers with allocated taxable net income in excess of $10 million under CBT. · Informed CitizenryThis bill establishes a 2.5 percent corporate transit fee on business entities and combined groups subject to the Corporation Business Tax (CBT) that have allocated taxable net income exceeding $10…Open in Informed Citizenry