SPIRO T. AGNEW, Governor                       183

[(h) If the taxpayer's taxable year is a fiscal year ending in 1948,
such taxpayer shall compute his tax liability as prescribed in this
section in the following manner: A tax shall first be computed
according to the rates applicable to the calendar year 1947.

A tentative tax shall then be computed according to the rates
applicable to the calendar year 1948 and the difference between the
tax and the tentative tax shall be determined. Such taxpayer's lia-
bility under this section shall be the sum of (1) the tax as computed
according to the rates applicable to the calendar year 1947, and (2)
that proportion of the difference between the tax and the tentative
tax, as defined above, as the number of months in the taxpayer's
fiscal year or period which fall in the calendar year 1948 bears to the
whole number of months of such fiscal year or period. This subsection
shall be inapplicable for the calculation of any tax on any return
filed which covers a fiscal year or period ending after December
31, 1948.

(i) If the taxpayer's taxable year is fiscal year ending in 1955,
such taxpayer shall compute his tax liability as prescribed in this
section in the following manner: A tax shall first be computed
according to the rates applicable to the calendar year 1954. A tenta-
tive tax shall then be computed according to the rates applicable to
the calendar year 1955, and the difference between the tax and the
tentative tax shall be determined. Such taxpayer's liability under
this section shall be the sum of (1) the tax as computed according to
the rates applicable to the calendar year 1954, and (2) that proportion
of the difference between the tax and the tentative tax, as defined
above, as the number of months in the taxpayer's fiscal year or period
which fall in the calendar year 1955 bears to the whole number of
months of such fiscal year or period. This subsection shall be inappli-
cable for the calculation of any tax on any return filed which covers a
fiscal year or period ending after December 31, 1955.]

[(j)] (f) If the taxpayer's taxable year is fiscal year ending in
[1958] 1967, such taxpayer shall compute his tax liability as
prescribed in this section in the following manner: A tax shall first
be computed according to the rates applicable to the calendar year
[1957] 1966. A tentative tax shall then be computed according to
the rates applicable to the calendar year [1958] 1967, and the
difference between the tax and the tentative tax shall be determined.
Such taxpayer's liability under this section shall be the sum of (1)
the tax as computed according to the rates applicable to the calendar
year [1957] 1966, and (2) that proportion of the difference between
the tax and the tentative tax, as defined above, as the number of
months in the taxpayer's fiscal year or period which fall in the
calendar year [1958] 1967 bears to the whole number of months
of such fiscal year or period. This subsection shall be inapplicable
for the calculation of any tax on any return filed which covers a fiscal
year or period ending after December 31, [1958] 1967. IF A SUB-
SEQUENT INCREASE (OR DECREASE) IN LOCAL INCOME
TAXES IS EFFECTED, PURSUANT TO SECTION 283 OF THIS
SUBTITLE, A COMPARABLE COMPUTATION SHALL BE
MADE TO DETERMINE THE TAX LIABILITY OF ANY TAX-
PAYER ON A FISCAL YEAR BASIS.

(g) Upon computation of a AN INDIVIDUAL taxpayer's State
income tax liability for the calendar year 1967, each taxpayer shall be