Description: Bank intangibles tax; authorize carryover of excess portion allowed as a credit against corporation franchise tax.
Bill Text: [Introduced]
History of Actions:
|1||02/13 (H) Referred To Ways and Means|
|2||02/21 (H) Died In Committee|
|Effective date||January 1, 2001|
|Vote type required||Three/Fifths|
Principal Author: Guice
Code Section: A 027-0035-0035
Title: AN ACT TO AMEND SECTION 27-35-35, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ANY UNUSED PORTION OF THE CREDIT AGAINST CORPORATION FRANCHISE TAX ALLOWED FOR THE TAX ASSESSED AND PAID BY A BANK ON THE ASSESSED VALUE OF ITS INTANGIBLES MAY BE CARRIED FORWARD FOR TEN YEARS; AND FOR RELATED PURPOSES.
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