Pub. L. 91-297, tit. IV, sec. 401

Pub. L. 91-297, tit. IV, sec. 401

EnactedYear: 1970Length: 181 wordsOfficial source
Sec. 401. Section 3 of title VI of the District of Columbia Income and Franchise Tax Act of 1947 (D.C. Code, sec. 47–1567b(a)) is amended to read as follows: “Sec. 3. Imposition of Tax.—In the ease of a taxable year beginning after December 31, 1969, there is hereby imposed on the taxable income of every resident a tax determined in accordance with the following table: “If the taxable income is: The tax is: Not over $1,000 2% of the taxable Income. Over $1,000 but not over $2.000 $20, plus 3% of excess over $1,000. Over $2,000 but not over $3,000 $50, plus 4% of excess over $2,000. Over $3,000 but not over $5,000 $90, plus 5% of excess over $3,000. Over $5,000 but not over $8,000 $190, plus 6% of excess over $5,000. Over $8,000 but not over $12,000 $370, plus 7% of excess over $8,000. Over $12,000 but not over $17,000 $650, plus 8% of excess over $12,000. Over $17,000 but not over $25,000 $1,050, plus 9% of excess over $17,000. Over $25.000 $1,770, plus 10% of excess over $25,000.”
Pub. L. 91-297, tit. IV, sec. 401 | Justis AI