Genentech Must Pony Up $3M In Mass. Excise Tax

By Eric Kroh (November 20, 2014, 5:10 PM EST) -- Genentech Inc. is ineligible for an abatement of some $3.3 million in Massachusetts corporate excise tax for 1998 through 2004 because the biotech giant was engaged in substantial manufacturing activities in the state, the Massachusetts Appellate Tax Board has ruled....

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