Section 63D:7 - Rules and regulationsThe commissioner shall promulgate regulations or other guidance to carry out the purposes of this chapter. Such regulations or other guidance may:
(i) make the credit available to qualified members with income from eligible pass-through entities that in turn have income from other eligible pass-through entities; (ii) provide rules on the application of this chapter to eligible trusts and estates; and (iii) require estimated payments of the excise by electing eligible pass-through entities and their qualified members in a manner consistent with chapter 62B.Mass. Gen. Laws ch. 63D, § 7
Added by Acts 2021, c. 69,§ 1, eff. 9/30/2021.