A2660 — Reduces CBT rate; retroactive to January 1, 2020.

A2660 — Reduces CBT rate; retroactive to January 1, 2020. · Informed CitizenryThis act amends the corporation business tax (CBT) rate, reducing it from 9 percent to 2.5% of income for privilege periods ending after December 31, 2019. The bill provides that this 2.5% rate sha…Open in Informed Citizenry