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or group of corporations that derives income from a unitary | business carried on by 2 or more members of an affiliated group: |
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| If the Maine income is: | The tax is: | |
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| $25,000 but not over $75,000 | $875 plus 7.93% of | |
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| $75,000 but not over $250,000 | $4,840 plus 8.33% of | |
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| In the case of an affiliated group of corporations engaged in a | unitary business with activity taxable only by Maine, the rates | provided in this subsection are applied only to the first | $250,000 of the Maine net income of the entire group and must be | apportioned equally among the taxable corporations unless those | taxable corporations jointly elect a different apportionment. The | balance of the Maine net income of the entire group is taxed at | 8.93%. |
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| In the case of an affiliated group of corporations engaged in a | unitary business with activity taxable both within and without | this State, the rates provided in this subsection are applied | only to the first $250,000 of the net income of the entire group | and must be apportioned equally among the taxable corporations | unless those taxable corporations jointly elect a different | apportionment. The balance of the net income of the entire group | is taxed at 8.93%. |
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| | 2.__Business activity only within Maine.__For purposes of | subsection 1, with respect to a taxable corporation or group of | corporations that derive income from a unitary business carried | on by 2 or more members of an affiliated group with income from | business activity that is taxable only by Maine, "income" means | Maine net income. |
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| | 3.__Business activity within and outside Maine.__For purposes | of subsection 1, with respect to a taxable corporation with | income from business activity that is taxable both within and | without this State, "income" means the corporation's net income.__ | The tax amount computed under subsection 1 must then be | apportioned under the provisions of chapter 821 to determine the | amount of tax imposed on that corporation. |
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