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What does CNIT stand for?

CNIT stands for Corporate Net Income Tax

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

See other definitions of CNIT

Other Resources:
We have 6 other meanings of CNIT in our Acronym Attic

Samples in periodicals archive:

86-272) provides that the shipment and delivery of tangible personal property (TPP) from a point outside a state to a customer located in that state are protected activities and do not trigger a state corporate net income tax return filing requirement.
Several replacement tax structures are under review, including the return to a corporate net income tax, the levy of a business license fee, or the imposition of a broad-based gross receipts tax, or a combination of several options.
The DOR ruled (82) that, regardless of corporate domicile and legal tide passage; two entities engaging in a dock-sale scenario must source their sales for state corporate net income tax based on the goods' ultimate destination.
Rhodia will also utilize the State's Job Creation Tax Credit Program to receive a $276,000 credit to the company's Pennsylvania Corporate Net Income Tax over three years, after fulfilling the program's job creation requirement.