Because a health maintenance organization was not an entity described in M.G. L. c. 63, §§20?29E, pertaining to insurance companies other than life insurance companies, the taxpayer was required to file a Massachusetts corporation income tax return as a member of the parent company’s combined group for its 2010 tax year. T
Legislation introduced in the New Jersey Assembly would, if enacted, lower the gross (personal) income tax rates by 10% over a three-year period starting with tax years beginning after 2012. The top rates would apply to taxpayers with taxable income in excess of $500,000. For the 2013 tax year, the rates for all taxpayers would range from 1.353% to 8.671%. For the 2014 tax year, the rates for single taxpayers would range from 1.307% to 8.73% and the rates for all other taxpayers would range from 1.306% to 8.372%. For tax years after 2014, the rates for all taxpayers would range from 1.260% to 8.074%.