S3943 — Relates to calculation of franchise tax on businesses with a business income base over five million dollars

S3943 — Relates to calculation of franchise tax on businesses with a business income base over five million dollars · Informed CitizenryThis bill amends the tax law to increase the corporate franchise tax rate for taxpayers with a business income base exceeding five million dollars. Specifically, it increases the tax rate from 7.25…Open in Informed Citizenry