Maine § 36 §2525 Employer-provided long-term care benefits

Maine Statutes

§ 36 §2525 — Employer-provided long-term care benefits

Maine·Title 36 TAXATION·Part 4 BUSINESS TAXES·Ch. 357 INSURANCE COMPANIES

1.Credit. A taxpayer under this chapter constituting an employing unit is allowed a credit against the tax imposed by this chapter for each taxable year that begins on or after July 10, 1989 and before January 1, 2000 equal to the lowest of the following:

2.Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings.

3.Limitation. The amount of the credit that may be used by a taxpayer for a taxable year may not exceed the amount of tax otherwise due under this chapter. Any unused credit may be carried over to the following year or years for a period not to exceed 15 years.

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1.
Credit.
A taxpayer under this chapter constituting an employing unit is allowed a credit against the tax imposed by this chapter for each taxable year that begins on or after July 10, 1989 and before January 1, 2000 equal to the lowest of the following:
2.
Definitions.
As used in this section, unless the context otherwise indicates, the following terms have the following meanings.
3.
Limitation.
The amount of the credit that may be used by a taxpayer for a taxable year may not exceed the amount of tax otherwise due under this chapter. Any unused credit may be carried over to the following year or years for a period not to exceed 15 years.

Maine § 36 §2525 (Employer-provided long-term care benefits) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.