Massachusetts lawmakers are working on a bill that would close corporate tax loopholes and bring in more revenue for the state, yet a recent amendment to the measure could hinder the initiative’s goal of decreasing the private sector’s ability to avoid certain state taxes.

According to a letter dated April 18 that Revenue Commissioner Navjeet K. Bal, sent to Senate President Therese Murray, the state could lose $100 million to $200 million each year in corporate tax revenue due to an amendment that House lawmakers tagged on to the corporate tax reform bill. That amendment would allow companies with overseas U.S. subsidiaries to avoid taxation on funds that flow through those subsidiaries.

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