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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.