Maine Statutes
§ 36 §5128 — Dual residence; reduction of tax
Maine·Title 36 TAXATION·Part 8 INCOME TAXES·Ch. 805 COMPUTATION OF TAXABLE INCOME OF RESIDENT INDIVIDUALS
If the taxpayer is regarded as a resident of both this State and another jurisdiction for purposes of personal income taxation, the assessor shall reduce the tax on that portion of the taxpayer's income which is subjected to tax in both jurisdictions solely by virtue of dual residence, provided that the other taxing jurisdiction allows a similar reduction. The reduction shall be in an amount equal to that portion of the lower of the 2 taxes applicable to the income taxed twice which the tax imposed by this State bears to the combined taxes of the 2 jurisdictions on the income taxed twice.
Free access — add to your briefcase to read the full text and ask questions with AI
Maine § 36 §5128 (Dual residence; reduction of tax) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
P&SL 1969, c. 154, §F1 (NEW). PL 1979, c. 541, §A232 (AMD).
Nearby Sections
15
§ 36 §51
Powers of state tax assessor§ 36 §5101
Short title§ 36 §5102
Definitions§ 36 §5111
Imposition and rate of tax§ 36 §5111-A
Alternative method of computation§ 36 §5111-B
Revenue targeting§ 36 §5112
Cross references§ 36 §5113
Surviving spouse§ 36 §5114
Self-employed sternmen§ 36 §5115
Head of household§ 36 §5116
Tax waiver for combat casualty§ 36 §5121
Maine taxable income§ 36 §5122
Modifications§ 36 §5123
Deduction§ 36 §5124
Standard deduction; resident