Tax Policy Concept Statement No. 1 — Guiding Principles of ...

12C-1.013 Adjusted Federal Income Defined. (1)(a) “Taxable income,” as defined by Section 220.13(2), F.S., is the starting point in determining Florida corporate income tax due. (b) In general, “taxable income” is the amount of a corporation’s income that is subject to federal tax. ................
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