Massachusetts Code § 63-38O

Economic target areas; tax deduction for renovation of abandoned buildings
Open in Lexace · Ask the AI about this section
Section 38O. A corporation whose excise under this chapter is based on net income may, in determining such net income, deduct an amount equal to 10 per cent of the cost of renovating an abandoned building that is part of a certified project designated under section 3A of chapter 23A.

‹ Prev All Massachusetts sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.