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Update - Idaho 2022 Tax Relief Bill Signed into Law

|Approved Changes|United States
United States

According to an update from the Legislature of the U.S. State of Idaho, Governor Brad Little signed the 2022 Tax Relief Bill (House Bill 436) into law on 4 February 2022. As previously reported, one of the key measures is a reduction in the corporate tax rate from 6.5% to 6.0%, which applies retroactively from 1 January 2022. Further, the number of individual income tax brackets is consolidate…

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