Section 21: Deductions from income returnable for taxation
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/ma/part-i/title-xxi/chapter-151a/21·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 21. Contributions made by employers in accordance with this chapter shall be considered ordinary and necessary expenses of the business of the employer, and deductible from gross income from professions, employments, trades or businesses returnable for taxation under chapter sixty-two, or from corporate income returnable for taxation under chapter sixty-three.