"Capitol Update" piece reporting that state corporate income taxes dropped by 38

Authors

Mal Leary

Source

Mainebiz

Date

2-5-2007

Pages

12

Abstract

"Capitol Update" piece reporting that state corporate income taxes dropped by 38 percent in December and are continuing to fall behind projections, resulting in a $9 million gap in state revenues for the first six months of the fiscal year. Becky Wyke, Finance commissioner, said it is a relatively small amount but it is being examined carefully. Mike Allen, research director of Maine Revenue Services, said he cannot explain the difference between corporate income tax revenues and projected estimates.

Subjects

Taxation, Corporations Taxation

Recommended Citation

Leary, Mal, ""Capitol Update" piece reporting that state corporate income taxes dropped by 38" (2007). Maine News Index – MaineBiz. 4008.
https://digitalcommons.portlandlibrary.com/news_mainebiz/4008