Post details: Vermont --Multiple Taxes: Personal Income Tax Rate Reduction Phase-In, Sales Tax Holidays, Other Changes Pass Legislature

06/08/09

Permalink 12:17:21 pm, Categories: News, 65 words   English (US)

Vermont --Multiple Taxes: Personal Income Tax Rate Reduction Phase-In, Sales Tax Holidays, Other Changes Pass Legislature

CCH (cch.taxgroup.com) reports:

  The Vermont Legislature has passed legislation that, if enacted, would phase-in the personal income tax rate reductions enacted by H.B. 441, Laws 2009 (TAXDAY 2009/06/03, S.32), phase-in and modify the personal income tax capital gains deduction amendments made by H.B. 441, and enact a new research and development credit against personal and corporate income taxes as well as new sales tax holidays.

 

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