<?xml version='1.0' encoding='utf-8'?>
<section article="gtg" article_name="Tax - General" number="8-208" title_number="8" title_name="Franchise Taxes" subtitle_number="2" subtitle_name="Financial Institution Franchise Tax">
  <text>A savings bank or savings and loan association doing business outside this State may claim a credit against the financial institution franchise tax equal to the amount paid to another jurisdiction as:</text>
  <level label="1">
    <text>a tax based on savings accounts or saving share accounts bought in this State;</text>
  </level>
  <level label="2">
    <text>a tax on gross receipts from business done in this State; or</text>
  </level>
  <level label="3">
    <text>a tax on income derived from business done in this State.</text>
  </level>
</section>
