HOUSE DOCKET, NO. 1544        FILED ON: 2/9/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2860

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Josh S. Cutler

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to closing offshore corporate tax loopholes.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Josh S. Cutler

6th Plymouth

2/9/2021

Lindsay N. Sabadosa

1st Hampshire

2/22/2021

Brian W. Murray

10th Worcester

2/23/2021

Dylan A. Fernandes

Barnstable, Dukes and Nantucket

2/24/2021

Maria Duaime Robinson

6th Middlesex

2/25/2021

Tommy Vitolo

15th Norfolk

2/25/2021

Susan L. Moran

Plymouth and Barnstable

2/26/2021

Kate Lipper-Garabedian

32nd Middlesex

2/26/2021

Carolyn C. Dykema

8th Middlesex

2/26/2021

Christine P. Barber

34th Middlesex

2/26/2021

Patrick Joseph Kearney

4th Plymouth

2/26/2021

Peter Capano

11th Essex

2/26/2021

Andres X. Vargas

3rd Essex

2/26/2021

Brian M. Ashe

2nd Hampden

3/1/2021

Ruth B. Balser

12th Middlesex

3/4/2021

Michael D. Brady

Second Plymouth and Bristol

3/2/2021

Elizabeth A. Malia

11th Suffolk

3/15/2021

Patrick M. O'Connor

Plymouth and Norfolk

3/15/2021

Tram T. Nguyen

18th Essex

3/25/2021

Walter F. Timilty

Norfolk, Bristol and Plymouth

4/15/2021

Tami L. Gouveia

14th Middlesex

4/19/2021

Jack Patrick Lewis

7th Middlesex

5/26/2021

Natalie M. Higgins

4th Worcester

9/3/2021


HOUSE DOCKET, NO. 1544        FILED ON: 2/9/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2860

By Mr. Cutler of Pembroke, a petition (accompanied by bill, House, No. 2860) of Josh S. Cutler and others relative to tax havens and complete reporting by certain combined groups.  Revenue.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 3787 OF 2019-2020.]

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Second General Court
(2021-2022)

_______________

 

An Act relative to closing offshore corporate tax loopholes.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Subsection (c) of section 32B of chapter 63 of the General Laws is hereby amended by striking out paragraph (3) and inserting in place thereof the following paragraph:-

(3) The members of a combined group, subject to tax under this chapter or who would be subject to tax if doing business in the state under section 2, 2B, 32D, 39 or this section, as well as an entity described in sections 20 to 29E, inclusive, shall determine their apportioned share of the taxable net income or loss of the combined group, under which each taxpayer member, wherever located, shall take into account the income and apportionment factors of all the members includible in the combined group.