Post details: Vermont --Corporate, Personal Income Taxes: Personal Income Tax Rate Reduction Phased-In; R&D Credit Enacted; Other Changes Made

06/11/09

Permalink 12:18:42 pm, Categories: News, 69 words   English (US)

Vermont --Corporate, Personal Income Taxes: Personal Income Tax Rate Reduction Phased-In; R&D Credit Enacted; Other Changes Made

CCH (cch.taxgroup.com) reports:

  Legislation has been enacted that phases-in the personal income tax rate reductions enacted by H.B. 441, Laws 2009 (TAXDAY 2009/06/03, S.32), phases-in and modifies the personal income tax capital gains deduction amendments made by H.B. 441, and enacts a new research and development credit against personal and corporate income taxes. A separate story discusses the sales and use tax provisions enacted by the legislation. (TAXDAY, 2009/06/11, S.18)

 

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