The Maine Revenue Services (MRS) has presented proposals for amending the state’s non-resident income tax rules.
MRS suggests amending Rule 806 (Nonresident Individual Income Tax) to repeal the provision relating to income from an entity with a permanent business presence in Maine when calculating the minimum taxability thresholds.
Income from an entity with a permanent business presence in Maine is not subject to the minimum taxability thresholds, as per the legislation 36 M.R.S. 5142(8-B).
The proposal recommends repealing the permanent business presence provision to align with Maine law.
MRS invites public comments on the proposed rule until Friday, 19 July, 2024.
