Small Business Fairness Act of 2018

Bill Number:  SB0227

Bill Sponsor(s):  Senator Young

Subject:  Budget and Taxation

Bill Summary:

Requiring certain retail trade and food services corporations to compute Maryland taxable income using a certain method; requiring, subject to regulations, certain groups of retail trade and food services corporations to file a combined income tax return reflecting the aggregate income tax liability of all the members of the group; requiring the Comptroller to report to the General Assembly by March 31 each year an estimate of the total additional tax review resulting from the combined reporting method; etc.

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