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2020 Massachusetts General Laws
Part I - Administration of the Government
Title IX - Taxation
Chapter 63 - Taxation of Corporations
- Section 1 - Definitions
- Section 2 - Financial Institutions; Excise Rate
- Section 2a - Financial Institutions; Determination of Net Income
- Section 2b - S Corporations; Excise Rate; Determining Factors of Amount
- Section 3, 4 - Repealed, 1976, 415, Sec. 102
- Section 5, 6 - Repealed, 1934, 323, Sec. 1
- Section 7 - Effect of Assessment on Other Levies
- Section 8 To 10b - Repealed, 1925, 343, Sec. 1
- Section 11 - Repealed, 1984, 485, Sec. 3
- Section 12 - Repealed, 1966, 14, Sec. 12
- Section 13 - Repealed, 1976, 415, Sec. 102
- Section 14 - Repealed, 1931, 426, Sec. 6
- Section 15 - Repealed, 1984, 485, Sec. 4
- Section 16 - Repealed, 1984, 485, Sec. 5
- Section 17 - Repealed, 1984, 485, Sec. 6
- Section 18 - Repealed, 1990, 499, Sec. 11
- Section 18a - Repealed, 1976, 415, Sec. 102
- Section 19 - Repealed, 1966, 14, Sec. 15
- Section 20 - Premiums Subject to Taxation; Rate
- Section 21 - Additional Tax on Foreign Companies
- Section 22 - Domestic Companies Other Than Life; Premiums Subject to Taxation; Rate
- Section 22a - Domestic Companies; Annual Total Gross Investment Income Earned Tax
- Section 22b - Investment Privilege Excise; Net Investment Income
- Section 22c - Credit Against Investment Privilege Excise
- Section 22d - Gains, Determination for Investment Privilege Excise Purposes; Definitions
- Section 23 - Foreign Companies; Premiums Subject to Taxation; Rate
- Section 24 - Deductions
- Section 24a - Retaliatory Taxes; Applicability and Reciprocal Exemption; Definition
- Section 25 - Repealed, 1976, 415, Sec. 102
- Section 26 - Examination of Records
- Section 27 - Repealed, 1976, 415, Sec. 102
- Section 28 - Payment; Time; Basis for Liability
- Section 29 - Liability for Taxes
- Section 29a - Fire and Marine Companies; Tax on Underwriting Profit; Computation
- Section 29b - Taxation of Reciprocal or Inter-Insurance Exchange Agents
- Section 29c - Life Insurance Companies; Credits Against Taxes Imposed by Secs. 20 and 22
- Section 29d - Property and Casualty Insurance Companies; Taxes on Premiums; Credits Against Taxes Imposed by Secs. 22 and 23
- Section 29e - Definitions; Property and Casualty Insurance Companies; Retaliatory Taxes; Credits Against Taxes Imposed by Sec. 22
- Section 30 - Definitions; Value of Tangible Property; Net Worth
- Section 30a - Repealed, 1966, 698, Sec. 52
- Section 31 - Repealed, 1962, 756, Sec. 4
- Section 31a - Investment Credit for Certain Corporations; Limitations
- Section 31b - Repealed, 2008, 173, Sec. 44
- Section 31c - Credit for Certain Corporations; Increase in Number of Full-Time Employees
- Section 31d - Definitions Applicable to Secs. 31d to 31f
- Section 31e - Credit for Company Shuttle Van Purchase or Lease Expenses
- Section 31f - Vanpool Vehicle Registration; Fee
- Section 31g - Expired. See 1988, 236, Sec. 43
- Section 31h - Definitions; State Low-Income Housing Tax Credit; Eligibility; Allocation; Recapture
- Section 31i - Transactions With Related Members; Adding Back of Certain Deductions
- Section 31j - Deductible Interest; Interest Paid to Related Member; Taxpayer's Burden to Show Disallowance of Deduction Unreasonable
- Section 31k - Deductible Interest; Adjustments; Applicability
- Section 31l - Medical Device Company Tax Credit; Credit Transfer Program
- Section 31m - Life Sciences Tax Credit
- Section 31n - Determination of Gross Income; Adjustment to Federal Gross Income
- Section 32 - Repealed, 2008, 173, Sec. 47
- Section 32a - Repealed, 1960, 548, Sec. 5
- Section 32b - Combined Reporting; Corporations Subject to Combination; Apportionment of Income; Joint and Several Liability; Regulations; Affiliated Group Election
- Section 32c - Maximum Amount of Credits; Carryover
- Section 32d - S Corporations; Net Income Measure
- Section 32e - Application and Refund of Credits Earned Under Sec. 38x; Substantiation of Claims; Regulations
- Section 33 - Repealed, 2008, 173, Sec. 55
- Section 34 - Repealed, 1960, 548, Sec. 6
- Section 34a - Repealed, 1924, 26, Sec. 1
- Section 35, 36 - Repealed, 1976, 415, Sec. 102
- Section 37 - Repealed, 1966, 698, Sec. 57
- Section 38 - Determination of Net Income Derived From Business Carried on Within Commonwealth
- Section 38a - Taxable Net Income
- Section 38b - Financial Institutions and Business Corporations Engaged Exclusively in Buying, Selling, Dealing in or Holding Securities; Excise Rate
- Section 38c - Repealed, 2008, 173, Sec. 66
- Section 38d - Deduction of Expenditures for Industrial Waste Treatment or Air Pollution Control Facilities
- Section 38e - Eligible Business Facility; Excise Credit
- Section 38f - Deduction From Net Income for Compensation Paid to Individuals Employed by Eligible Business Facility Domiciled in Present or Former Eligible Section of Substantial Poverty
- Section 38g - Reporting Wholly-Owned Disc Income
- Section 38h - Alternative Energy Sources; Deduction
- Section 38i - Wages Deemed Compensation Paid in Commonwealth; Deduction; Election
- Section 38j - Qualified Research Contribution Deduction
- Section 38k - Repealed, 1985, 188, Sec. 10a
- Section 38l - Natural Heritage and Endangered Species Fund; Contributions
- Section 38m - Credit Against Amount of Excise Due; Research Expenses
- Section 38n - Economic Development Incentive Program; Tax Credit for Certified Projects
- Section 38o - Economic Target Areas; Tax Deduction for Renovation of Abandoned Buildings
- Section 38p - Harbor Maintenance Taxes; Credit
- Section 38q - Environmental Response Actions; Credit
- Section 38r - Massachusetts Historic Rehabilitation Tax Credit
- Section 38s - Automatic Sprinkler System; Depreciation Deduction
- Section 38t - Repealed, 2008, 173, Secs. 82 and 83
- Section 38u - Credit for Cost of Qualifying Property; Life Sciences
- Section 38v - Deductions for Qualifying Clinical Testing Expenses; Certified Life Sciences Company
- Section 38w - Credit for Qualified Research Expenses; Life Sciences
- Section 38x - Credit Against Taxes Imposed on Persons Filming Motion Picture for Employment of Persons Within Commonwealth in Connection With Filming or Production
- Section 38y - Unrelated Business Taxable Income for Certain Exempt Corporations
- Section 38z - Dairy Farm Tax Credit Program
- Section 38aa - Credit Against Taxes Imposed for Qualified Donation of Certified Land to Public or Private Conservation Agency
- Section 38bb - Credit Against Taxes Imposed for a Certified Housing Development Project
- Section 38cc - Life Sciences Refundable Jobs Credit
- Section 38dd - Credit Against Excise Tax Imposed Under Secs. 2(b), 2b(b) or 39(b)
- Section 38ee - Community Investment Tax Credit
- Section 38ff - Repealed, 2012, 224, Sec. 56a
- Section 38gg - Hiring of Qualified Veterans; Excise Tax Credit
- Section 38hh - Credit for Wages Paid to Qualified Apprentice
- Section 39 - Tax Rate
- Section 39a - Tax on Business Subsidiary Corporation
- Section 39b - Repealed, 1924, 26, Sec. 1
- Section 39c - Repealed, 1960, 548, Sec. 8
- Section 40 - Repealed, 1976, 415, Sec. 102
- Section 41 - Repealed, 1966, 698, Sec. 63
- Section 42 - Alternative Method of Determining Net Income
- Section 42a - Taxable Net Income
- Section 42b - Manufacturing and Research and Development Corporations
- Section 42c - Repealed, 1966, 698, Sec. 66
- Section 43 - Repealed, 1945, 735, Sec. 3
- Section 44 To 46 - Repealed, 1976, 415, Sec. 102
- Section 47 - Repealed, 1953, 654, Sec. 60
- Section 48 To 51 - Repealed, 1976, 415, Sec. 102
- Section 52 - Unconstitutionality of Excise Tax Law; Effect; Revival of Former Act
- Section 52a - Repealed, 2013, 46, Sec. 39
- Section 53 - Repealed, 1976, 415, Sec. 102
- Section 54 - Repealed, 1951, 641, Sec. 2
- Section 55 - Valuation
- Section 56 - Repealed, 1925, 343, Sec. 4
- Section 56a - Repealed, 1966, 698, Sec. 69
- Section 57 - Repealed, 1928, 13, Sec. 2
- Section 58 - Tax Rate
- Section 58a - Repealed, 1925, 343, Sec. 6
- Section 59 - Assessment of Additional Taxes
- Section 60 - Repealed, 1976, 415, Sec. 102
- Section 61 To 66 - Repealed, 1928, 138
- Section 67 - Assessment; Rate; Return; Deductions
- Section 68 - Effect on Other Taxes
- Section 68a - Conflict Between Local and State Valuations; Remedy
- Section 68b - Repealed, 1976, 415, Sec. 102
- Section 68c - Exemption From Excise Under Sec. 39 for Certain Business Corporations
- Section 69 - Inspection of Records; Examination of Officers
- Section 70 To 76a - Repealed, 1976, 415, Sec. 102
- Section 77, 78 - Repealed, 1930, 416, Sec. 2
- Section 79 - Penalty for Failure to Make Return for Corporate Franchise Tax
- Section 80 - Collection of Penalties
- Section 81 - Local Taxation, Defined
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