Transcription of TESTIMONY PRESENTED TO THE - GBC
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TESTIMONY PRESENTED TO THE - GBC
GREATER BALTIMORE COMMITTEE Suite 1700. 111 South Calvert Street. Baltimore, maryland 21202-6180 410. 727-2820. Fax 410. 539-5705 TESTIMONY PRESENTED TO THE SENATE BUDGET & TAXATION COMMITTEE SENATE BILL 858 - INCOME TAX - SUBTRACTION MODIFICATION - NONPASSIVE INCOME OF A pass - through entity February 26, 2014 DONALD C. FRY PRESIDENT & CEO GREATER BALTIMORE COMMITTEE Position: Support The Greater Baltimore Committee (GBC) is an independent non-partisan regional business advocacy organization of more than 500 businesses large, medium and small educational institutions, nonprofit organizations and foundations located in Anne Arundel, Baltimore, Carroll, Harford and Howard counties as well as Baltimore City.
nonpassive income that is attributable to a pass-through entity from their federal adjusted gross income to determine Maryland adjusted gross income. The Tax Foundation's 2013 State Business Tax Climate Index ranks Maryland at No. 41 on its
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SENATE BILL 605, Maryland General Assembly, Entity, Pass, Through entity, Explanation of Combined Reporting, Maryland, Through, Subrecipient Monitoring Of Federal Grants, Senate bill 890, REGULATORY REVIEW AND EVALUATION, Guidelines for Pass-Through Entity Withholding, Application for certification, CHAPTER XI: SCHEDULE OF EXPENDITURES OF, Pass through