§ 6402. Imposition of income tax on Headquarters Management Corporations.
44 words·~1 min read·
/de/title-30/chapter-64-headquarters-management-corporations/6402·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Every Headquarters Management Corporation shall annually pay a tax in lieu of the taxes imposed under Chapter 19 of this title equal to the greater of:
(1)Eight and seven tenths percent of its Headquarters Management Corporation taxable income; or
(2)Five thousand dollars.