US Lawyer Database

Section 10-701.1 – For Tax Paid Under 10-102.1 of This Title

    A member of a pass–through entity may claim a credit against the income tax for a taxable year in the amount of tax paid by a pass–through entity under § 10–102.1 of this title that is attributable to the member’s share of the pass–through entity’s taxable income, as defined in § 10–102.1(a)(8) of this title.

Section 10-702 – For Wages Paid in Enterprise Zone

    (a)    (1)    In this section the following words have the meanings indicated.         (2)    (i)    “Business entity” means:                 1.    a person conducting or operating a trade or business; or                 2.    an organization that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code.             (ii)    “Business entity” does not include a person owning, operating, developing, constructing, or rehabilitating property intended […]

Section 10-703 – For Tax Paid by Resident to Another State

    (a)    In this section, “member” and “pass–through entity” have the meanings stated in § 10–102.1 of this title.     (b)    Except as provided in subsection (c) of this section, a resident may claim a credit against the income tax for a taxable year in the amount determined under subsection (d) of this section for State tax on income […]