TECHNICAL ADVICE MEMORANDUM
Subject: Qualified Subchapter S Subsidiaries
Revocation of Federal Treatment
Schedule: Corporate Income and Franchise Tax
Issued By: Corporate, Excise, and Insurance Tax Division
Date: April 7, 1997
Reference: CTAM 97-9
In CTAM 97-3, the Corporate Tax Division announced it would follow the federal
treatment for income tax purposes regarding Qualified Subchapter S Subsidiaries,
The Department hereby revokes that position. Further information will be available
upon the General Assembly's ratification of HB 59 (Update the Code Reference).
Last modified on: 10/31/07 03:36:06 PM.