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Companies To Enjoy Tax Cut In 2010

Dec 22, 2009 | Reprints | Unlock Link | Print

Massachusetts business owners are looking forward to a tax cut in the new year.

Starting in January, the state’s corporate tax rate of 9.5 percent will drop to 8.75 percent while the tax rate for financial institutions will fall from 10.5 percent to 10 percent.

Both tax rates are set to fall again in 2011 and 2012. (AP)

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Companies To Enjoy Tax Cut In 2010