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April 11, 2026 Clouds | 50°F
The 194th General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title IX TAXATION
  4. Chapter 63 TAXATION OF CORPORATIONS
  5. Section 42A Taxable net income

Section 42A

Section 42A: Taxable net income

Section 42A. The taxable net income of a business corporation allocated or apportioned to this commonwealth under section 38 shall be its net income subject to the tax under this chapter.