§5205. Franchise tax on banking corporations and loan associations (REPEALED) SECTION HISTORY P&SL 1969, c. 154, §F1 (NEW). PL 1973, c. 580, §3 (AMD). PL 1973, c. 592, §22A (AMD). PL 1973, c. 788, §194 (RPR). PL 1977, c. 686, §13 (AMD). PL 1981, c. 698, §186 (RP).
§5206-A. Utilization of net operating loss carry forward (REPEALED) SECTION HISTORY PL 1981, c. 704, §8 (NEW). PL 1983, c. 480, §A66 (AMD). PL 1983, c. 842, §3 (RPR). PL 1997, c. 404, §3 (RP). PL 1997, c. 404, §10 (AFF).
§5206-B. Definitions (REPEALED) SECTION HISTORY PL 1983, c. 842, §4 (NEW). PL 1985, c. 783, §35 (AMD). PL 1987, c. 497, §50 (AMD). PL 1987, c. 841, §§6,7 (AMD). PL 1995, c. 628, §§36,37 (AMD). PL 1995, c. 628, §39 (AFF). PL 1997, c. 404, §4 (RP). PL 1997, c. 404, §10 (AFF).
§5206-C. Refunds (REPEALED) SECTION HISTORY PL 1983, c. 842, §5 (NEW). PL 1987, c. 504, §29 (RP).
§5206-D. Definitions As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1997, c. 404, §5 (NEW); PL 1997, c. 404, §10 (AFF).] 1. Affiliated group. “Affiliated group” means a group of 2 or more financial institutions in which more than 50% of the voting interest […]
§5206-E. Apportionment Except as otherwise specifically provided, a financial institution that is taxable both in and outside this State shall apportion its net income and end-of-year assets as provided in this section. A financial institution is considered taxable in a state if in that state the financial institution is subject to a net income tax, […]
§5206-F. Time for filing returns The franchise tax return required by section 5220, subsection 6 must be filed on or before the 15th day of the 4th month following the end of the financial institution’s fiscal year. [PL 2017, c. 211, Pt. D, §5 (AMD).] SECTION HISTORY PL 1997, c. 746, §19 (NEW). PL […]
§5206-G. Combined reports The combined report required by section 5220, subsection 6 must include, both in the aggregate and by entity, a list of the net income or loss per books, the property, payroll and receipts in Maine and everywhere as defined in this chapter and the Maine net income of the unitary business. Neither […]
§5206. Franchise tax on financial institutions A tax is imposed for each calendar year or fiscal year ending during that calendar year upon the franchise or privilege of doing business in this State of every financial institution that has Maine net income or Maine assets and that has a substantial physical presence in this State […]
