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Code · Maine · Title 36: TAXATION · Chapter 825: INFORMATION RETURNS

§5244. Combined report

96 words·~1 min read·/me/title-36-taxation/chapter-825-information-returns/5244·

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The combined report required by section 5220, subsection 5 , must include, both in the aggregate and by corporation, a list of the federal taxable income, the modifications provided by section 5200‑A , the sales in Maine and everywhere as defined in chapter 821 and the Maine net income of the unitary business. Neither the income nor the sales of a corporation that is not required to file a federal income tax return may be included in the combined report. [PL 2007, c. 240, Pt. V, §14 (AMD); PL 2007, c. 240, Pt. V, §15 (AFF).]
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