loading…

us-ma/statute/62/6l/block-1 — Section 6L · Axiom

Section 6L

Official source

General Laws

Part I ADMINISTRATION OF THE GOVERNMENT

Title IX TAXATION

Chapter 62 TAXATION OF INCOMES

Section 6L Application and refund of certain credits under Sec. 6; substantiation of claims; regulations

in view

Whole section

▸rulespec code

Shown source

statutes/62/6l.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us-ma/statute/62/6l; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

section_6l_refund_rate

Parameter

source: 6l(a)

- name: section_6l_refund_rate
  kind: parameter
  dtype: Rate
  source: 6l(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-ma/statute/62/6l
            excerpt: refund to the taxpayer 90 per cent of the balance of the credits
  versions:
    - effective_from: '0001-01-01'
      formula: '0.90'

section_6l_credit_balance_after_liability

Derived

source: 6l(a)

- name: section_6l_credit_balance_after_liability
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 6l(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-ma/statute/62/6l
            excerpt: >-
              apply the credit against the liability of the taxpayer as determined on its return, as
              first reduced by any other available credits
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        if taxpayer_made_written_election_for_section_6_l_credit_refund and
        taxpayer_entitled_to_credit_under_subsection_l_of_section_6: max(0,
        credit_earned_under_subsection_l_of_section_6 - max(0,
        return_liability_after_other_available_credits)) else: 0

section_6l_refund

Derived

source: 6l(a)

- name: section_6l_refund
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 6l(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-ma/statute/62/6l
            excerpt: refund to the taxpayer 90 per cent of the balance of the credits
        - path: versions[0].formula
          kind: import
          import:
            target: us-ma:statutes/62/6l#section_6l_credit_balance_after_liability
            output: section_6l_credit_balance_after_liability
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us-ma:statutes/62/6l#section_6l_refund_rate
            output: section_6l_refund_rate
            hash: sha256:local
  versions:
    - effective_from: '0001-01-01'
      formula: section_6l_credit_balance_after_liability * section_6l_refund_rate

section_6l_refund_interest_accrues_before_requested_substantiation_received

Derived

source: 6l(a)

- name: section_6l_refund_interest_accrues_before_requested_substantiation_received
  kind: derived
  entity: TaxUnit
  dtype: Judgment
  period: Year
  source: 6l(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-ma/statute/62/6l
            excerpt: >-
              No interest shall accrue on the refund under section 40 of chapter 62C before the
              commissioner's receipt of the substantiation he requested.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        not commissioner_requested_substantiation_of_refund_claim_before_payment
        or commissioner_received_requested_substantiation

▸citations (1)

References

This rule cites 1 other rule.

MA 62 § 6LinferredMA › Statutes › Title 62 › § 6L

loading…

Section 6L

Official source

General Laws

Part I ADMINISTRATION OF THE GOVERNMENT

Title IX TAXATION

Chapter 62 TAXATION OF INCOMES

Section 6L Application and refund of certain credits under Sec. 6; substantiation of claims; regulations

in view

Whole section

▸rulespec code

Shown source

statutes/62/6l.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us-ma/statute/62/6l; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

section_6l_refund_rate

Parameter

source: 6l(a)

- name: section_6l_refund_rate
  kind: parameter
  dtype: Rate
  source: 6l(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us-ma/statute/62/6l
            excerpt: refund to the taxpayer 90 per cent of the balance of the credits
  versions:
    - effective_from: '0001-01-01'
      formula: '0.90'

section_6l_credit_balance_after_liability

Derived

source: 6l(a)

- name: section_6l_credit_balance_after_liability
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 6l(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-ma/statute/62/6l
            excerpt: >-
              apply the credit against the liability of the taxpayer as determined on its return, as
              first reduced by any other available credits
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        if taxpayer_made_written_election_for_section_6_l_credit_refund and
        taxpayer_entitled_to_credit_under_subsection_l_of_section_6: max(0,
        credit_earned_under_subsection_l_of_section_6 - max(0,
        return_liability_after_other_available_credits)) else: 0

section_6l_refund

Derived

source: 6l(a)

- name: section_6l_refund
  kind: derived
  entity: TaxUnit
  dtype: Money
  period: Year
  unit: USD
  source: 6l(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-ma/statute/62/6l
            excerpt: refund to the taxpayer 90 per cent of the balance of the credits
        - path: versions[0].formula
          kind: import
          import:
            target: us-ma:statutes/62/6l#section_6l_credit_balance_after_liability
            output: section_6l_credit_balance_after_liability
            hash: sha256:local
        - path: versions[0].formula
          kind: import
          import:
            target: us-ma:statutes/62/6l#section_6l_refund_rate
            output: section_6l_refund_rate
            hash: sha256:local
  versions:
    - effective_from: '0001-01-01'
      formula: section_6l_credit_balance_after_liability * section_6l_refund_rate

section_6l_refund_interest_accrues_before_requested_substantiation_received

Derived

source: 6l(a)

- name: section_6l_refund_interest_accrues_before_requested_substantiation_received
  kind: derived
  entity: TaxUnit
  dtype: Judgment
  period: Year
  source: 6l(a)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: exception
          source:
            corpus_citation_path: us-ma/statute/62/6l
            excerpt: >-
              No interest shall accrue on the refund under section 40 of chapter 62C before the
              commissioner's receipt of the substantiation he requested.
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        not commissioner_requested_substantiation_of_refund_claim_before_payment
        or commissioner_received_requested_substantiation

▸citations (1)

References

This rule cites 1 other rule.

MA 62 § 6LinferredMA › Statutes › Title 62 › § 6L