Revenue Estimates
Corporation Tax

The Corporation tax forecast has been decreased by $540 million for the current year and $898 million for the budget year. The current year has been reduced by $715 million for weakness in cash receipts, and increased by $175 million for a change in accrual accounting. For the budget year, the Corporation tax forecast has been reduced by $1.083 billion for weaker corporate profits, reduced by $175 million for a change in accrual accounting, and increased by $360 million for a change in the due date for Limited Liability Companies (LLC) fee payments.
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CHAPTER HIGHLIGHTS for Revenue Estimates Back to Top

 Personal Income Tax
 Sales and Use Tax
image of black pointing arrowCorporation Tax
 Insurance Tax
 Other Revenues and Transfers
PRINTABLE BUDGET DOCUMENTS Back to Top
Revised Budget Summary - Revenue Estimates (pdf * - 155K) -
Provides the entire Revenue Estimates Chapter in pdf format.
ADDITIONAL INFORMATION Back to Top
Proposed Budget Summary - Revenue Estimates (January 2008)
Displays Proposed Budget Summary information for Revenue Estimates.